Long term AI-focused data center leases in focus. Will Hut 8 stock extend gains?

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Hut 8 gains 3.69% on revenue boost

Highlights

Hut 8 posted strong year-over-year revenue growth, reflecting operational improvements and heightened investor interest in its business model.
The company secured long-term data center leases aimed at artificial intelligence, boosting recurring revenue and multi-year business visibility.
Technically, HUT/USD faces short- and medium-term bearish pressure but maintains a long-term bullish trend with a high-volatility $85.48–$102.51 trading range forecast for the next sessions.

Revenue surge and AI focus drive investor appetite for Hut 8

Hut 8 has reported substantial year-over-year revenue growth, reflecting improved operational performance and attracting sustained investor interest. The company has also signed long-term data center leases focused on artificial intelligence applications, which expand its recurring revenue base and increase business visibility for the coming years. These corporate actions are sparking renewed attention on Hut 8 as investors look for exposure to both robust growth and the AI infrastructure theme.

Mixed momentum signals amid support holding and sell bias

On the hourly chart, HUT is trading below the MA-20 at $95.91 and the MA-50 at $99.8, while on the daily time frame, price remains above the MA-200 at $66.56. The Ichimoku Kijun level is positioned at $94.58 and acts as immediate support. Momentum signals are mixed: the Moving Average Convergence Divergence (MACD) shows a sell signal, while the Average Directional Index (ADX) is neutral and does not indicate trend strength. The Relative Strength Index (RSI) is at 44.2 and tilts negative, whereas both the Stochastic RSI and Commodity Channel Index (CCI) are neutral, highlighting uncertainty around overbought or oversold conditions. Bull/Bear Power points to an oversold state, emphasizing recent selling dominance, while the Awesome Oscillator remains neutral, not confirming a clear trend.

Downside risk prevails as consolidation expected in short term

In the next two to three sessions, HUT is expected to trade within a band of $85.48 to $102.51, representing a typical volatility range relative to current levels. There is a 35% probability of an upside move and a 65% probability of downside movement, which suggests that a bullish reversal is less likely in the short term. The baseline scenario is for price consolidation within this forecast corridor; a break above resistance may trigger a bullish scenario, while loss of support at the Ichimoku Kijun level could accelerate a retreat toward the lower bound.

Viktoras Karapetjanc, analyst at Traders Union, sees Hut 8’s strong revenue growth and AI-focused partnerships as important drivers of recent investor sentiment. He believes the operational turnaround is attracting buyers despite short-term technical headwinds. The current price action signals uncertainty, but strong fundamentals provide a solid backdrop. Short-term volatility is likely, yet the fundamental story remains supportive. "If the price holds above key support, I expect continued interest in Hut 8 as investors pursue both growth and AI infrastructure exposure."

Previously it was reported that Hut 8 was under persistent selling pressure, with bearish technical signals highlighting downside risk. The current analysis introduces improving fundamentals and new AI-related corporate actions, but prevailing technical uncertainties and mixed momentum suggest investors should closely monitor the Ichimoku Kijun support for early indications of any sustained shift in trend.

Source of Data: HUT Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.