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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 Singidunumon Feb 05, 2021 10:09am
88 Views
Post# 32482901

RE:This is how they manipulate this

RE:This is how they manipulate thisYou obviously don't know how markets work. Play the game or get out. What can management do? 
If you are a true investor, why do you care abour daily price movements. Buy and hold if you like the company.

As for the price of HUT, BTC needs to go over $38.4K for HUT and others to move up. As soon as that occurs, HUT will fly to over $6. If not, it will go down with persistan selling preasure. 

LeJames wrote: Every morning, they knock the stock price down regardless of BTC movements to scare weak hands out of their shares. Volume is always very low in the morning so who cares? Then in the late afternoon, when volume picks up they move the stock based on how BTC moves. I emailed management about this and everyone true investor should do that too. Cheers


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