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Hut 8 Corp HUT

Alternate Symbol(s):  T.HUT

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

Comment by gvixidon Jan 15, 2021 5:44pm
76 Views
Post# 32311619

RE:RE:RE:RE:My hope is

RE:RE:RE:RE:My hope isWell to those in disbelief that I bought yesterday solely based on Sue's tweet, that is not the case. I have been trading the stock for several weeks, and simply added to my position yesterday. But I take full blame for basing yesterdays purchase on emotion (I.e. hoping for good news) as opposed to reading the tenchnicals, which is what I generally do. However, the big point here is that the behaviour of management in this case its borderline criminal. Will anything happen? No. Were investors defrauded? No. But we were misled somewhat. All that does is erode investor confidence. Having that said, if the PR comes out next week and the stock takes off, all this will be quickly forgotten. But it was a lesson learned - do your own DD and never base anything on management BS. Wait for the official news
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