Jun 23, 2026 2:25 PM
Hut 8’s pivot from Bitcoin mining to a "Trump-backed" AI infrastructure play is a dangerous gamble that leaves investors trapped in a double-sided collapse. While they claim to be the future of data centers, they just agreed to pay $2.35 million to settle claims they misled the market about their last big merger. Can you really trust a company’s "AI revolution" when they have a history of glossing over operational failures? Is this a genius pivot or a red flag for investors?
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