Hut 8 secures a $7 billion data center deal, institutions continue to bullish: from $78 to $85

NullWhisperer · 2026-01-19T14:01:56+00:00

Bitcoin mining company Hut 8 has signed a $7 billion, 15-year data center leasing agreement with Fluidstack, securing 245 MW of IT capacity, with Google providing financial guarantees. Analysts are optimistic about its long-term cash flow and growth potential, raising target stock prices accordingly.

NullWhisperer

2026-01-19 14:01:56

Abstract generation in progress

【Crypto World】Bitcoin mining leader Hut 8 has just signed a major contract—reaching a 15-year, $7 billion data center leasing agreement with Fluidstack, acquiring 245 MW of IT capacity in one go. More importantly, Google provided financial guarantees for this lease, which boosted market confidence.

The institutional response was swift. Benchmark was the first to act, raising Hut 8’s target stock price from $78 to $85. Subsequently, Keefe, Bruyette & Woods also followed suit, increasing the target from $30 directly to $55—a significant jump.

Analysts are clear on what they value: first, the economic benefits of this agreement are solid, with stable long-term cash flow; second, Hut 8’s growth potential in digital infrastructure construction and Bitcoin mining has indeed been underestimated. Especially in high-performance computing, Hut 8’s execution capability has already gained market recognition. With backing from industry giants, the ceiling for this sector has been raised once again.

BTC-2,1%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

10 Likes

Reward
10
6
Repost
Share

Comment

0/400

ShamedApeSeller

· 2h ago

A $7 billion order backed by Google—now institutions can't sit still, directly pushing Hut8 to hit the daily limit with expectations of a rally. But to be fair, the real profit-makers are those who were early to position... Is it too late to follow the trend now? 245MW is indeed impressive; long-term cash flow stability sounds good, but the key is how well the subsequent execution will be. I'm a bit tempted by this wave of gains, but it feels like the market has already priced in the reaction.

View OriginalReply0

BearEatsAll

· 2h ago

Google endorses $7 billion, now institutions can't stay still... But on the other hand, can Hut8 sustain this wave? Institutions piling up with bullish views, it always feels a bit too good to be true. 245MW capacity locked in for 15 years with stable cash flow—this is indeed attractive... just not sure what will happen if the coin price drops. Benchmark and KBW simultaneously raise expectations, what does that mean? They’ve all understood it. $7 billion... if this deal can be delivered on time, Hut8 has indeed been underestimated. Google stepping in to guarantee indicates this is quite reliable, but don’t get too optimistic. I really don’t understand why it was so cheap before, and only now people are catching on? If this cooperation goes smoothly, the leading position in mining will be even more solid... the question is, how long can the bull market last?

View OriginalReply0

CryingOldWallet

· 2h ago

$7 billion, backed by Google... Now institutions can't stay still anymore Hut 8 this time really has something, stable long-term cash flow is the key Wait, 245 MW capacity, isn't this a confirmation that the mining demand is really picking up again? Institutions are frantically raising estimates, indicating that the bottom has indeed stabilized If this agreement can be truly executed properly, the future might be far more than $55

View OriginalReply0

AlphaWhisperer

· 2h ago

$7 billion large order, backed by Google, now institutions really can't sit still Hut 8's move is impeccable, locking in long-term cash flow, there is indeed room for growth in Bitcoin mining The large adjustment in institutional targets indicates they were indeed underestimated earlier... but we need to see subsequent execution Google's endorsement is crucial, otherwise institutions wouldn't follow so quickly Wait, can this 245 MW capacity really be absorbed? Could there be risks? Hut 8 reaching $85 should be no problem, as data center business is a hard asset Institutions are rushing to buy, while retail investors are still hesitating, a typical cognitive gap Such long-term agreements are most vulnerable to policy changes, will there be any moves in crypto regulation? Wait, Keefe's target jumped from 30 directly to 55? This adjustment... is a bit outrageous

View OriginalReply0

BlockchainRetirementHome

· 3h ago

Google endorsement really boosts confidence... $7 billion over 15 years, this stability is incredible. Hut 8's move is impressive, no wonder institutions are following suit and raising their estimates... but it depends on whether they can deliver in the future. Eating up 245 MW in one go, this is truly a bet... there's a bit of gambling involved. KBW jumped from 30 directly to 55, the increase is outrageous... analysts are also starting to get competitive. Long-term cash flow stability sounds comfortable, but the real profit depends on how Bitcoin prices move... Google's financial backing is key, this is no small matter... the fundamentals are in place.

View OriginalReply0

ChainSauceMaster

· 3h ago

70 billion USD, Google-backed, 15-year long-term contract... This pace is a bit intense, institutions are starting to get restless --- But speaking of which, now that there are so many voices optimistic about Hut 8, is this a real opportunity or just another round of hype? --- 245MW capacity plus Google endorsement, this setup really has some substance, and the long-term cash flow should be stable --- From 78 to 85 and then to 55, the institutional adjustment this time is really significant, feels a bit overly optimistic? --- If Bitcoin mining business can truly run with stable cash flow, this agreement is worth looking forward to, just see if the subsequent execution can meet expectations --- Google endorsement is quite key, at least there's no need to worry about this falling through --- How to put it, good news is good news, but this stock price has already risen quite a bit, and how much more it can go up is really hard to say --- Securing 245MW all at once, Hut 8's move definitely shows a long-term commitment, not just short-term hype

View OriginalReply0