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Benchmark sees Hut 8 becoming a ‘power-first data center REIT,’ raises target another 18%

Source: The Block
Benchmark sees Hut 8 becoming a ‘power-first data center REIT,’ raises target another 18%

Benchmark’s new price target implies roughly 75% upside, with Hut 8 shares already up nearly 120% year to date.

CoinMagnetic

CoinMagnetic Team

Crypto investors since 2017. We trade with our own money and test every exchange ourselves.

Updated: July 2026

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Benchmark sees Hut 8 becoming a ‘power-first data center REIT,’ raises target another 18% | CoinMagnetic