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.

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Hut 8 Corp > Hut 8 Mining Conducts $77.5 Million Financing

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Comment by tictactoe111on Jan 11, 2021 11:04am

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Post# 32266811

RE:RE:Hut 8 Mining Conducts $77.5 Million Financing

If the price fluctuates much below the placing price be mindful that there may be an exit clause activated where the participants have a window to withdraw done deal status. I'm not saying that it's there on this deal, but it could be.

The fund financing this has now gone from hero to zero overnight.

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