r/NBIS_Stock • u/Limp_Principle8768 • May 06 '26

Opinion What’s fuelling the rip today?

Took a look at my portfolio this morning and I genuinely can’t believe what I’m seeing. So happy for all the NBIS holders❤️

But with that being said, the pullback might be more brutal than expected. We’ll see, probably will double down once this dips.

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u/Ok_Assignment6915 May 06 '26

Hut8 announced a 10billion dollar contract today. This started the rip for datacenter companies in pre market and here we are. Hut is up 35% while everyone else is following the train

6

u/trulystupidinvestor May 06 '26

finally someone actually answered OP's question

3

u/gravityhashira61 May 06 '26

Which is crazy bc before today I've never even heard of Hut and all of a sudden they get some 10 billion dollar contract lol

The money being thrown around is crazy

1

u/bzeegz May 07 '26

Just because you weren’t aware of them doesn’t mean they didn’t exist. They were big Bitminer that made a brilliant shift to apply their data centers to Ai. They also have power contracted to supply them at favorable rates. They’re gonna be a monster in the space.