Hut 8 Stock on Wild Ride as Bitcoin Boom, Trump Spinoff Fuel Soaring Rally – What’s Next for HUT?
Bitcoin Boom Propels Hut 8 to Record Highs (Then a Pullback) Hut 8 stock has been on a roller coaster in October 2025, mirroring the volatility of the crypto market. In the first half of the month, HUT rode a wave of euphoria as Bitcoin’s price rocketed to levels not seen in years. Bitcoin briefly topped $115,000–$120,000 in early October ts2.tech ts2.tech, driven by optimism around a possible U.S. Bitcoin ETF approval and a crypto-friendly regulatory climate. This Bitcoin boom translated into amplified gains for mining stocks – high-beta plays that tend to outperform the underlying asset’s moves. Hut 8’s shares