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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 mrmomoon Jun 17, 2024 8:27am
164 Views
Post# 36091721

Some really good news incoming?

Some really good news incoming?First.......WOW......these fools are really late with their monthly operational report for May. Why the BIGa delay? Is it for good reason.....or bad? This is definitely NOT normal and either they are trying to mask/delay those awful numbers for May OR........there's some REALLY terrific developments....in the works.... that they are about to divulge very soon.......So which is it?

We all KNEW the numbers for May would suck......and suck bigtime. As their aging, way past due & obsolete fleeet of miners is starting to have a MAJOR impact on the company's bottomline. So this should NOT come as a BIG surprise! The critical question here is......are they READY to deal with it & resolve that "problematic" issue....AND finally start moving forward to re-gain some ground on their competition ....and peers? THAT'S the question we WANT answered......ASAP!

And if they ARE...indeed.. READY......in what form will THAT take? A large, significant captial raise ...or something else?  Maybe something i've been predicting for some time now.......some eye-popping, incredible M&A on their part ......and significant move that will enable them to finally reclaim the title of being one of the top miners in the wordl

But before that happens.....for startes though.....If they want to maintain ANY ounce credibility & keep their rep intact......PLEASE get things going by releasing that montly report data.....AND ON TIME.......going forward......to at least give their OWN s/h.... & other "interested" investors as well..... a bone.........and appease their curiousity/needs & alleviate their "concerns"......

Hopefully for Hut 8 s/h.....things will be looking up from this point forward and MANY good things to come for 2024 & beyond.................

GLTA

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