Hut 8 stock was down 16.42% in Wednesday's U.S. session, with one share quoted at $53.28 in an intraday reading of the Bitcoin (BTC) mining company's shares.
The company's stock trades under the HUT symbol. Both the $53.28 price and the 16.42% decline refer to its shares, rather than to the digital asset it mines.
Bitcoin was priced at $79,414 as of 9:52 a.m. ET (14:52 UTC), up 2.76% over the preceding 24 hours. That reading measures Bitcoin over a different period from the reported intraday move in Hut 8 stock.
Trading was still underway when the share price was reported. Wednesday's closing price will establish HUT's final daily change.
