Hut 8 is trading 4.04% down at $95.47 as investors reduce risk amid broad equity-market weakness and geopolitical concerns.
- The S&P 500, Nasdaq Composite, and Dow Jones are all lower.
- Bitcoin is nearly flat at +0.14% since the September 8 close, so crypto is not driving the decline.
- Recent Texas grid-approval news remains supportive but does not explain today’s selling.