On September 21, Hut 8 Mining Corp rose 5.06% in pre-market trading, trading at $103.12/share, with turnover of $2.6174 million, extending its recent rebound momentum.

On the news front, NEBIUS previously announced a comprehensive price increase on its GPU cloud services effective October 1, with an average hike of approximately 20%, further confirming the persistently tight supply-demand dynamics in AI computing power. The pricing move has broadly lifted cloud computing service providers across the board.

On the fundamental side, Hut 8 Mining Corp has accumulated multiple positive catalysts in recent weeks. NVIDIA signed long-term leases with a total value of up to $50 billion, while Anthropic and Lambda concluded a $35 billion cloud computing agreement backed by NVIDIA. Additionally, NEBIUS and CoreWeave were added to the Nasdaq 100 Index, boosting sector sentiment. The company also recently completed a strategic restructuring by divesting its legacy managed cloud hosting business in Canada to Opti9 Technologies while retaining ownership of its Canadian data centers and continuing to operate its GPU and high-performance computing business, sharpening its focus on AI and cloud computing infrastructure.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)