Dan Loeb's Third Point hedge fund acquired a $40.8M stake in Hut 8 as the Bitcoin miner pivots to AI data center infrastructure, reporting 567% stock gains.

Dan Loeb's Third Point holds $93M in TSMC shares and adds Bitcoin miner Hut 8, betting on AI chip infrastructure and crypto-compute convergence.

Dan Loeb's Third Point hedge fund acquired a $40.8M stake in Hut 8 as the Bitcoin miner pivots to AI data center infrastructure, reporting 567% stock gains.

Dan Loeb's Third Point LLC bought 869,563 shares of Hut 8 Corp worth $40.8M in Q1 2026, betting on the Bitcoin miner's pivot to AI data centers.