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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 stingray88on Mar 08, 2021 6:45pm
131 Views
Post# 32748885

RE:Miner SP

RE:Miner SP
gvixid wrote: Funny how the canadian miners like hut and bitf react now. A weeks ago, they would jump 10-20% on a 5% increase in the price of Bitcoin. Now they barely now. But when bitcoin goes down 5%, they crash hard. At current btc prices if $50k usd, the miners are making serious profit. Hut should be trading over $12 and bitf over $8. Not sure how much the share price will move after results. Perhaps profits are already priced in at these levels


Exactly I've been saying this for weeks but some here claim I'm a whiner. So be it but I know an underperforming stock when I see it. BTC closing in on 52k should have us much higher. When it hits 58k we Hut will not be anywhere near $16 that tells you all you need to know. Hive which is performing with triple the amount if shares is the better performing stock. On Friday when everything was melting down it was as low as ~$3, Today over $5. That's a swing of 60%!!!!! Think about that.
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