Wellington Management Buys $97.95M Stake in Hut 8
Wellington Management Group LLP bought 848,448 shares of Hut 8 valued at about $97.95 million and held roughly 0.69% as of its latest SEC filing. Other funds increased positions as well. Insider Victor Semah sold 10,000 shares, and Needham & Company lowered its Hut 8 target price while keeping a buy rating.