Analyst maintains Buy rating and $32 price forecast for Hut 8 ($HUT), citing potential growth in AI hosting and undervaluation in public markets.

On today's episode of CNBC Crypto World, bitcoin slips from its recent highs even after the U.S. and China agree to temporarily halt some tariffs. Plus, American Bitcoin, the bitcoin mining company backed by the president's eldest sons,

American Bitcoin, backed by Donald Trump’s sons, Eric Trump and Donald Trump Jr, was acquired by Hut 8 in April, and has since become the focal point for all of Hut 8’s previous Bitcoin mining operations.