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Bullboard - Stock Discussion Forum 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... see more

NDAQ:HUT - Post Discussion

Hut 8 Corp > Hut 8 Mining Announces $100 Million Bought Deal
View:
Post by AwareInvestor on Jun 11, 2021 7:23am

Hut 8 Mining Announces $100 Million Bought Deal

Hut 8 Mining this morning announced that it is looking to raise significant funds. The company has entered into a bought deal arrangement with that of Canaccord Genuity to raise gross proceeds of $100.0 million.
Comment by stingray88 on Jun 11, 2021 8:55am
More dilution, that should kill momentum. 
Comment by NICKMAN on Jun 11, 2021 9:19am
Couldn't even give us 1 day to enjoy Nasdaq uplisting. Is this dilution why they are continuing trading on TSX?  I Think that is a bad idea. You got on the top Tier Nasdaq board why in God's name would you stay on TSX. Two bad choices that may hurt us.
Comment by NICKMAN on Jun 11, 2021 9:44am
WOW!! What a kick in the sack.
Hut 8 Corp
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