Mar 2, 2026 8:55 PM

A major investment bank *lowered* Hut 8's price target despite its massive AI partnership with Anthropic and the AI boom, citing Bitcoin price declines and asset sales. This proves that even companies pivoting to AI are still fundamentally shackled by crypto market volatility, making their AI ventures secondary to Bitcoin's whims. Does this expose the AI pivot as a mere distraction from underlying crypto instability?
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