According to Odaily Planet Daily, Benchmark analyst Mark Palmer said that Bitcoin mining company Hut 8 plans to transfer its mining operations to American Bitcoin (ABTC) within the next week. Therefore, he raised the company's target price from $33 to $36, which means that the stock has nearly 40% upside potential from yesterday's closing price of just under $26. At the same time, Benchmark reiterated Hut 8's "buy" rating on the stock. (CoinDesk)