EMJ Capital founder Eric Jackson discusses where investors' next artificial intelligence investments should be and the construction of data centers in the U.S. on 'Making Money.'
Hut 8 Corp. is rated Buy with a 12-month target of $140-150, reflecting a deep undervaluation versus its AI infrastructure contract pipeline. HUT's $26.6B in long-term AI data center contracts and a $9.8B lease with Nvidia underpin a transformative shift from mining to digital infrastructure. Non-recourse, investment-grade project financing and a simplified balance sheet strategically differentiate HUT, reducing dilution and parent-level risk.
Hut 8 maintains a 'Buy' rating after a 108% stock rise, driven by significant data center contract wins and robust sector momentum. HUT has secured 949 MW under 15-year triple-net contracts, totaling $26.6 billion in backlog and projected $1.75 billion average annual NOI. Recent $7.5 billion in non-convertible debt financing eliminates near-term dilution risk and supports ongoing data center buildout.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Curtis Ellergodt Rothschild Investment LLC | 196 | $5,445.19 | $14,674.52 | $9,229.33 | 169.5% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 4,081 | $471,130 | $305,544.47 | -$165,585.53 | -35.15% |
| ABB Alexander Bjornager Bonde Danske Bank A/S | 200 | $9,188 | $14,617 | $5,429 | 59.09% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 50 | $2,345.5 | $3,743.5 | $1,398 | 59.6% |
| CWC Chad W. Coulter DELPHI FINANCIAL GROUP Inc. | 42,900 | $2.01M | $2.91M | $898,326 | 44.64% |
| Health Care Providers & Services Industry | Healthcare Sector | Asher Kevin Genoot CEO | NASDAQ (NGS) Exchange | 44812J104 CUSIP |
| US Country | 248 Employees | - Last Dividend | 4 Dec 2023 Last Split | - IPO Date |