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

Source: Motley Fool

2026-03-18 12:41:34 ET

On February 17, 2026, Ardsley Advisory Partners LP disclosed a sale of shares of Hut 8 (NASDAQ:HUT) . The move marks a significant reduction in the fund’s exposure to the cryptocurrency mining and data center operator.

According to an SEC filing dated February 17, 2026, Ardsley Advisory Partners LP reduced its Hut 8 stake by 440,000 shares. The estimated transaction value is $19,395,200, based on the average closing price for the quarter ended December 31, 2025. The quarter-end position value fell by $11,309,600, a figure that incorporates both share sales and price changes.

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