Benchmark 对 Bitcoin Miner Hut 8 给予“买入”评级，设定 12 美元目标价

投资银行公司 Benchmark 给予比特币矿商 Hut 8“买入”评级，目标价为每股 12 美元。 Hut 8 正在扩大其自挖矿业务并实现收入来源多元化，以在减半后保持竞争力。尽管自挖矿算力低于竞争对手，Benchmark 预计 Hut 8 将随着时间的推移缩小差距。

Investment Banking Firm Issues "Buy" Rating for Bitcoin Miner Hut 8, Projecting $12 Share Price Target

投资银行公司对 Bitcoin Miner Hut 8 给予“买入”评级，预计股价目标为 12 美元

In a move that signals a bullish outlook for the cryptocurrency mining industry, investment banking firm Benchmark has issued a "buy" rating for publicly traded Bitcoin miner Hut 8 Corp. The rating is accompanied by a price target of $12 per share, representing a significant upside potential for investors.

投资银行公司 Benchmark 对公开交易的比特币矿商 Hut 8 Corp 给予“买入”评级，此举标志着加密货币挖矿行业的看涨前景。该评级还附有每股 12 美元的目标价，代表着对比特币挖矿行业的重大意义。投资者的上升潜力。

Hut 8's Strategy for Post-Halving Market

Hut 8减半后市场策略

Hut 8 is a leading Bitcoin miner with a diverse portfolio of revenue streams, including self-mining, cloud computing, high-performance computing, and artificial intelligence (AI) services. The company is actively pursuing expansion of its self-mining operations and diversification of revenue streams to maintain a competitive edge in the post-halving market.

Hut 8 是一家领先的比特币矿商，拥有多元化的收入来源，包括自挖矿、云计算、高性能计算和人工智能 (AI) 服务。该公司正在积极寻求扩大自营业务和收入来源多元化，以保持在减半后市场的竞争优势。

Benchmark analyst Kevin Palmer cited Hut 8's multiple revenue streams as a key factor in the firm's decision to issue a "buy" rating. He noted that Hut 8's enterprise value-to-revenue multiple of 2.6 is slightly below the 3.1 average of its publicly traded Bitcoin mining peers, such as Marathon Digital and Riot Platforms.

Benchmark 分析师 Kevin Palmer 表示，Hut 8 的多种收入来源是该公司决定发布“买入”评级的关键因素。他指出，Hut 8 的企业价值与收入倍数为 2.6，略低于 Marathon Digital 和 Riot Platforms 等公开交易的比特币挖矿同行 3.1 的平均水平。

Hash Rate Gap and Liquidity Cushion

算力差距和流动性缓冲

While Hut 8 has a lower self-mining hash rate than its larger competitors, Benchmark believes that the company is well-positioned to close the gap over time. Palmer highlighted Hut 8's substantial liquidity cushion, evidenced by its holdings of 9,102 Bitcoin, which provide the company with flexibility to capture potential upside moves in the price of Bitcoin (BTC).

虽然 Hut 8 的自挖矿算力低于其较大的竞争对手，但 Benchmark 相信该公司已做好准备，随着时间的推移缩小差距。 Palmer 强调了 Hut 8 巨大的流动性缓冲，其持有的 9,102 比特币就证明了这一点，这为该公司提供了捕捉比特币 (BTC) 价格潜在上涨趋势的灵活性。

Leadership Shakeup and Cost Optimization

领导层改组和成本优化

Recent leadership changes at Hut 8 have drawn attention, with Asher Genoot replacing former CEO Jamie Leverton. The company has refuted allegations made in a report that portrayed it in a negative light.

Hut 8 最近的领导层变动引起了人们的关注，Asher Genoot 取代了前首席执行官 Jamie Leverton。该公司驳斥了一份报告中对其进行负面描述的指控。

Under Genoot's leadership, Hut 8 has implemented strategic initiatives to optimize costs and boost Bitcoin production. This includes relocating efficient miners to its Medicine Hat site while retiring older, less efficient units.

在 Genoot 的领导下，Hut 8 实施了战略举措来优化成本并提高比特币产量。这包括将高效的矿工重新安置到梅迪辛哈特工厂，同时淘汰旧的、效率较低的设备。

Diversification as a Competitive Advantage

多元化作为竞争优势

Hut 8's diverse business operations are expected to provide an advantage following the halving. Investors are showing increased interest in self-mining as they anticipate a substantial price increase for Bitcoin post-halving.

Hut 8 的多元化业务运营预计将在减半后提供优势。投资者对自挖矿表现出越来越大的兴趣，因为他们预计比特币减半后价格将大幅上涨。

Hut 8's diversified platform, including its cloud computing, high-performance computing, and AI services, positions the company to withstand market downturns more effectively than its peers.

Hut 8 的多元化平台，包括云计算、高性能计算和人工智能服务，使该公司能够比同行更有效地抵御市场低迷。

Ongoing Growth and Expansion

持续增长和扩张

Hut 8's merger with US Bitcoin Corp. in November 2022 created a combined entity with a hash rate of 25.5 EH/s and 884 MW of energy capacity under management. The company continues to expand its managed services, hosting, and AI capabilities.

Hut 8 于 2022 年 11 月与美国比特币公司合并，创建了一个合并后的实体，其哈希率为 25.5 EH/s，管理的能源容量为 884 MW。该公司继续扩展其托管服务、托管和人工智能功能。

Genoot has emphasized the importance of reducing costs and increasing efficiencies across all business lines. The company has recently activated a third of its Salt Creek site in Texas, relocating miners from other locations to optimize operations.

Genoot 强调了所有业务线降低成本和提高效率的重要性。该公司最近启动了德克萨斯州盐溪矿区的三分之一，将矿工从其他地点转移以优化运营。

Conclusion

结论

Benchmark's "buy" rating for Hut 8 reflects the company's strong fundamentals, growth potential, and resilience in the face of market volatility. While Hut 8 lags behind Marathon Digital in installed hash rate, the company's diversified model and large Bitcoin holdings are expected to support its operating performance. Investors are encouraged to conduct thorough due diligence before making any investment decisions.

Benchmark 对 Hut 8 的“买入”评级反映了该公司强劲的基本面、增长潜力以及面对市场波动的韧性。虽然 Hut 8 在安装算力方面落后于 Marathon Digital，但该公司的多元化模式和大量比特币持有量预计将支持其经营业绩。鼓励投资者在做出任何投资决定之前进行彻底的尽职调查。

Disclaimer

免责声明

The views and opinions expressed in this article are for informational purposes only and do not constitute financial advice. Investing involves substantial risk, and investors should always consider their financial situation and seek professional advice before making any investment decisions. Cryptocurrency investments are particularly volatile and carry a high level of risk.

本文表达的观点和意见仅供参考，不构成财务建议。投资涉及很大风险，投资者在做出任何投资决定之前应考虑自己的财务状况并寻求专业建议。加密货币投资波动性特别大，风险很高。