Why Hut 8 Corp. (HUT) Is One of the Best Bitcoin Stocks to Buy Now

Analyst coverage and price-target upgrades for Hut 8 (a bitcoin miner) highlight investor appetite for AI infrastructure and continued strength in Bitcoin-linked assets. Cantor Fitzgerald raised its Hut 8 target to $80 (from $68) on April 9, citing AI-driven demand for compute and a multi-year supply/demand imbalance; Arete initiated coverage March 23 with a Buy and $136 target, noting a Google-backed 15-year River Bend lease. The notes and contract news helped drive HUT volatility (a cited 14% rally) and reinforce bullish narratives for miners and the broader Bitcoin ecosystem, implying potential positive flow into bitcoin-related equities and demand support for BTCUSD.