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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 ToothlessGrinon Mar 11, 2021 12:20am
89 Views
Post# 32769863

RE:RE:2 things to know

RE:RE:2 things to knowA listing on a bigger exchange, Nasdaq, NYSE opens HUT up to larger institutional funds, and far more money. Every fund, or ETF has a mandate and some entities cannot invest in a company unless they are listed in the US. So it may not mean that the company is unknown, in some many cases its that a certain fund, or etf or investment house actually is not permitted to invest as they are over the counter and not listed on big board. We dont have american buyers largely because of this. Of course the OTC markets do provide some liquidity.
It is the major reason, I and many others have stated this before me, that RIOT, MARA etc have blasted off vs HUT. The whole HUT investing community is squawking over this on twitter, and message boards alike. The company is well aware of the need to get it done. I hope.... ha!
TG 
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