Hub Cyber Security Soars 10.68% on $25M Crypto Deal

On June 20, 2025, Hub Cyber Security surged 10.68% in pre-market trading, marking a significant rise in its stock price.

Hub Cyber Security has recently secured a substantial multi-year agreement with Kyrrex and a crypto merchant vendor. This contract is anticipated to generate an estimated $25 million in annual recurring revenue, bolstering the company's long-term growth and profitability objectives. The agreement introduces a high-margin recurring revenue stream, which is expected to support Hub Cyber Security's strategic initiatives, particularly in the crypto sector.

The deal underscores Hub Cyber Security's commitment to expanding its portfolio and enhancing its market position. By securing this contract, the company is well-positioned to capitalize on the growing demand for cybersecurity solutions in the cryptocurrency industry. This strategic move is likely to attract investor interest and contribute to the company's overall market performance.