Hut 8 Corp. (NYSE:HUT) is one of Jim Cramer’s Biggest Cryptocurrency and Blockchain Stock Hits & Misses.

Hut 8 Corp. (NYSE:HUT) is a computing infrastructure company with exposure to Bitcoin through mining equipment and services. Its shares are up by a strong 307% over the past year and down by 5% since Cramer discussed them on Mad Money. December 12th was a tough day for Hut 8 Corp. (NYSE:HUT)’s shares as they closed 11.6% lower. On the same day, Bitcoin’s price fell below $90,000 and dragged the sector down with it. The stock also closed 17% lower on the 22nd on a day that saw the sector as a whole struggle as other firms’ shares dipped between 10% to 15%. Year-to-date, Hut 8 Corp. (NYSE:HUT)’s stock is down by 7.5%. One notable dip came in February when the stock lost more than 24% between the 3rd and the 5th. During this time period, Bitcoin also dipped by 10% and peer firm IREN reported its earnings to outline a sequential revenue and operating income dip. Here is what Cramer had said about Hut 8 Corp. (NYSE:HUT) in October 2025:

“It’s making, it is making money, and so the, but it’s still a parabolic move, and you know that I feel that parabolic moves are very, very suspect. I think you should ring the register on some.”

While we acknowledge the potential of HUT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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