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flag Hut 8's stock surged 14.1% to C$19.07, valuing the Canadian bitcoin miner at C$1.12 billion despite high debt.

flag Hut 8, a Canadian digital asset miner, saw its stock price rise 14.1% to C$19.07 on Tuesday, reflecting a market cap of C$1.12 billion. flag The company, known for its high installed capacity and significant self-mined bitcoin holdings, has a diversified strategy to protect shareholder value. flag Despite a "Strong Buy" rating, Hut 8 has a high debt-to-equity ratio of 55.87, which may pose risks.

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