Hut 8 Corp. HUT

Alternate Symbol(s): T.HUT

Technology Software - Application

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.

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Hut 8 Corp.

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Post by AwareInvestoron Aug 18, 2022 8:29am

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Hut 8 Mining Announces Second At-The-Market Financing This Y

The problem with utilizing a “HODL” strategy if you’re a crypto mining firm, is that while you may recognize significant revenues, you can’t actually turn that into cash. For Hut 8 Mining shareholders, this became clear last night when the company announced another at the market financing.

https://thedeepdive.ca/hut-8-mining-announces-second-at-the-market-financing-this-year/

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle