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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

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Post by stingray88on Jan 29, 2021 4:22pm
147 Views
Post# 32423057

Fishy Trading

Fishy Trading
It started the sell as soon as the market opened to the tune of 2 million shares. I understand the weaking throughout the day as bitcoin gave back quite a bit of it's gains. Having said that, bitcoin was still up 5% - 6% for the session. If we are so closely tied to bitcoin, how can we be down on the day? At worst we should have been up pennies . The folks getting on at $5 PP can not be happy about this. At this rate btc will have to go to $50k for this to see $7 - $8 again. Something stinks here!
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