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Bullboard - Stock Discussion Forum 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... see more

NDAQ:HUT - Post Discussion

Hut 8 Corp > Hut8 4th quarter numbers
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Post by steel9696 on Feb 13, 2021 12:35pm

Hut8 4th quarter numbers

Best 4th quarter number projections on youtube search...Blonity Analytix Hut8 Q4 55-60M
Comment by gvixid on Feb 13, 2021 12:39pm
So if we assume q4 earnings of 55M, with 113M shares outstanding, that gives us about 0.49 per share earnings. At a P/E ratio of 20, share price is about $10. I don't see this jumping into double divots without a US listing. Thoughts?
Comment by LeJames on Feb 13, 2021 12:50pm
The main driver is always BTC pricing. 
Comment by AimHigh8 on Feb 13, 2021 1:13pm
55M was based on a bitcoin price of $29,000.  What will q1 2021 earnings be at a bitcoin price of .... $50K?  65K?
Comment by steel9696 on Feb 13, 2021 1:26pm
gvixid 10$ sounds great for Hut ...let me know the share price you come up with based on those calculations for Mara and Riots 4th quarter numbers.
Comment by steel9696 on Feb 13, 2021 1:55pm
Aimhigh8 Q1 numbers will be to the moon.
Comment by steel9696 on Feb 13, 2021 6:43pm
I sold my gold miners and bought Hut,just way too much money being made cryptomining and low cost operation..Share price will catch up to value very soon..
Comment by bobofet on Feb 13, 2021 7:28pm
I had thoughts of doing something similar  but  I fear it a bit..  It seems much more as gambling to me..   I like what I see here  and yet fearful of crypto a bit, in comparison to golds.     I have been trying to talk myself into going for it  as golds  are languishing...      we shall see.          ...more  
Comment by SecondLast on Feb 14, 2021 12:28am
Yea 55-60 for the quarter you need to recalculate your P/E multiple because that's annualized and a forward looking is more useful