Bitcoin Miners Dominate Tuesday’s 10 Best-Performing Stocks

8. Hut 8 Corp. (NASDAQ:HUT)

Hut 8 Corp. grew its share prices by 10.81 percent on Tuesday to close at $11.79 apiece as investor funds flocked to the company following Bitcoin’s surge to the $91,000-level.

HUT traded higher alongside its Bitcoin-mining counterparts as investors resorted to other high-yielding assets amid stock market volatility and weakness in the US dollar.

HUT—an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing—said recently that it would announce the results of its first quarter earnings performance before the market opens on May 8, 2025.

Earlier this month, the company said it achieved a strong performance in its Bitcoin mining operations, with its hash rate jumping by 102 percent to 9.3 EH/s as of end-March from 4.6 EH/s in February.

Additionally, the company said it also achieved a better fleet efficiency of 20.1 J/TH.