Benchmark Sees Hut 8 as Hybrid AI–Bitcoin Power Play, Price Target Doubled to $78

The investment firm Benchmark has published a comprehensive analysis indicating that they view Hut 8 Mining Corp. as a strategic player in the emerging intersection of hybrid artificial intelligence and Bitcoin mining. In light of this assessment, they have significantly revised their price target for Hut 8's stock, increasing it from its previous level to a new target of $78, effectively doubling their earlier valuation. source: https://www.coindesk.com/markets/2025/10/28/benchmark-sees-hut-8-as-hybrid-ai-bitcoin-power-play-price-target-doubled-to-usd78