Ardsley Dumps 440,000 Hut 8 Shares Worth $19.4 Million

1 hour ago 2

Will Healy, The Motley Fool

Wed, March 18, 2026 astatine 11:41 AM CDT 4 min read

On February 17, 2026, Ardsley Advisory Partners LP disclosed a merchantability of shares of Hut 8 (NASDAQ:HUT). The determination marks a important simplification successful the fund’s vulnerability to the cryptocurrency mining and information halfway operator.

According to an SEC filing dated February 17, 2026, Ardsley Advisory Partners LP reduced its Hut 8 involvement by 440,000 shares. The estimated transaction worth is $19,395,200, based connected the mean closing terms for the 4th ended December 31, 2025. The quarter-end presumption worth fell by $11,309,600, a fig that incorporates some stock income and terms changes.

Sell enactment lowered the Hut 8 presumption to 1.8% of Ardsley’s reported U.S. equity assets.
Top holdings aft the filing:
- NYSE:LLY: $42.99 cardinal (4.7% of AUM).
- NASDAQ:FSLR: $30.69 cardinal (3.4% of AUM)
- NASDAQ:LITE: $29.49 cardinal (3.2% of AUM)
- NASDAQ:AVGO: $29.08 cardinal (3.2% of AUM)
- NASDAQ: RUN: $27.23 cardinal (3.0% of AUM)
As of February 13, 2026, shares were priced astatine $53.87, up 163.2% implicit the past year, outperforming the S&P 500 by 151.37 percent points.

Metric

Value

Revenue (TTM)	$235.12 million
Net Income (TTM)	($248.00 million)
Price (as of marketplace adjacent 2/13/26)	$53.87
One-Year Price Change	163.2%

Operates large-scale information centers supporting Bitcoin mining, precocious show computing, and artificial quality workloads.
Generates gross chiefly done the acquisition, management, and cognition of vigor infrastructure and compute-intensive facilities.
Serves organization clients and enterprises requiring precocious computing powerfulness and integer plus mining capabilities.

Hut 8 is simply a vertically integrated relation specializing successful vigor infrastructure and Bitcoin mining, with a important beingness successful the information halfway and high-performance computing space. The institution leverages its expertise successful installation plan and absorption to service clients with demanding compute needs. Strategic integration crossed the worth concatenation enables Hut 8 to support operational ratio and capitalize connected maturation successful integer plus and AI-driven markets.

Ardsley Advisory Partners unloaded 55% of its Hut 8 shares successful the 4th fourth of 2025. The merchantability came aft the tech banal made monolithic gains from its April low.

The money apt treated this arsenic a trade, having acquired shares successful Q2. This means it could person perchance bought its shares astatine oregon adjacent the aforementioned April debased of conscionable supra $10 per share. By aboriginal successful Q4, shares had climbed supra $50 per share, powerfully indicating Ardsley was taking immoderate profits erstwhile it sold.

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