Hut 8 leans into modular ‘LEGO block’ model to switch between AI and bitcoin mining
Hut 8 is trying to position itself less as a miner and more as an energy infrastructure player, with power allocation driving returns.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The analysts highlighted Bitcoin giant Strategy's flagship preferred share as an alternative source of funding amid tepid market conditions.
March 24, 2026, 4:28 pmMarket participants are now pricing in rate hikes, and it could be weighing on risk assets.
March 24, 2026, 3:30 pmHut 8 is trying to position itself less as a miner and more as an energy infrastructure player, with power allocation driving returns.
Crypto continues to show resilience with bitcoin (BTC) steadily trading around $70-$71k after briefly dropping below the $70k mark over the weekend, outperforming prior Middle East‑driven sell‑offs where thin liquidity exaggerated downside.
Crypto analyst Merlijn has revealed that the Bitcoin price is following a 100-year pattern, which could determine its next move.
Bitcoin exchange-traded funds (ETFs) opened the week with a strong rebound, breaking a three-day outflow streak. Ether extended its losses, while XRP and solana remained inactive. Ether Outflows Continue as Bitcoin ETFs Snap Outflow Streak A new week brought a shift in tone.
A new chart from Jameson Lopp has reopened one of Bitcoin's oldest internal debates: whether visible node counts reflect real support for a rule change.
Bitcoin continued its upward momentum above $71,000 on Tuesday as investors continued to weigh the market impact of President Donald Trump’s decision to pause planned US attacks on Iranian power and energy infrastructure for five days.
Bitcoin trades inside a repeated bear flag as fear deepens and liquidity hopes rise.
Bernstein said Strategy could see 226% upside if bitcoin has bottomed, with STRC central to its capital model.
BTC may return to the $74,000-$76,000 range if the oil supply shocks normalize.