Hut 8 Corp HUT

Alternate Symbol(s): T.HUT

Technology Software - Application

Hut 8 Corp. is a data mining company. The Company is a vertically integrated operator of large-scale energy infrastructure and bitcoin miner. The Company acquires, designs, builds, manages, and operates data centers that power compute-intensive workloads, such as bitcoin mining, high performance computing, and artificial intelligence (AI). The Company operates through four business segments: Digital Assets Mining, Managed Services, High Performance Computing-Colocation and Cloud, and Other. Its infrastructure portfolio includes about eighteen sites: nine Bitcoin mining, hosting, and Managed Services sites in Alberta, New York, Nebraska, and Texas, five high performance computing data centers in British Columbia and Ontario, and four power generation assets in Ontario. Its Managed Services business provides institutional partners such as digital asset mining site owners, governments, and data center developers an end-to-end partnership model for energy infrastructure development.

NDAQ:HUT - Post by User

Hut 8 Corp > Warrants are trading .60 below conversion

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Comment by SecondLaston Dec 22, 2020 10:26am

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Post# 32160281

RE:RE:RE:RE:RE:Warrants are trading .60 below conversion

When you buy the warrant you have purchased the right to purcase 1 share of Hut at $1.80 until expire which is like a year away.

So if you bought 1 warrant for 1.70 then converted it at a cost of 1.80. you would have 1 share of HUT which you could then sell at 4.20 in the market.

Or you could just buy it for 4.20 in the market. it makes no sense to trade below all in execution cost. ie HUT should never cost more than HUT.WT + 1.80

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