Brokerage firm HC Wainwright revealed that Bitcoin mining company Hut 8 is actively negotiating with potential customers for large HPC and AI projects. In addition, the company upgraded the rating of Bitcoin mining company Hut 8 by two levels, from sell to buy, and also significantly raised its target price from $7.5 to $13.5. It is reported that Hut 8 may profit from the growing demand for energy and infrastructure by artificial intelligence (AI) companies, and the possibility of signing high-performance computing (HPC) or AI customers has also increased after Coatue invested $150 million in June. (Coindesk)