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

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Hut 8 Corp > Only part of the story?

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Post by mrmomo on Jun 24, 2024 11:23am

Only part of the story?

As stated ....& predcited.....Hut has finally released SOME news....to explain the "akward & questionable trading" in it's stock for the past week.......BUT.....It's NOT the news i really EXPECTED!......

https://finance.yahoo.com/news/hut-8-announces-150-million-103000755.html

My thoughts......it's all well & good they've announced some type of financing,,,,,but thereality is thatthisis probably a RE-FINANCING for their current loan to Coinbbase which is coming due soon in the next few months.......So basically a NOTHING BURGER......!!! BUT i do expect more news is on it'sway............and the real good stuff is incomng VERY soon!!!!!

Btw.....Where's the F operational report for May????? Still no peep on that!!! Enough of the BS that their waiting for their legal dept to OK the release....and it's company's lawyers who are responsible for the delay ......that's just utter BS...... and you guys arent fooling anyone with that lame excuse!

We all KNOW the numbers are awful bad......sooooo.....just release the damn thing & get it over with!!!.......because we're' bacially at month's end right now.... and this little "omission" is causing more problems than they think it's solving.......Once you get tainted with "credibility issues" or thereof a lack of having ANY transparency.........it becomes more difficult to get it back & restore investor confidence.....

Sooooo....please.....release those damn numbers!!!!!!!!!!!!!!!!!!!!!!!!!!!

I know they will show you guys mining a laughable, paltry .....~80 coins for the month......IF you're even lucky to mine that!!.....BUT......like the sayng goes...better late than never and trying to HIDE things from s/h & investors.....!!!

Hopefully the message gets through to them..........

GLTA

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Comment by Aaa173 on Jun 24, 2024 7:22pm

Should we sell especially with the news on peak? Thank you for the update!

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Comment by Aaa173 on Jun 24, 2024 7:30pm

They have extended the loan with Coinbase to another year - per SEC filing today

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Comment by mrmomo on Jun 25, 2024 8:51am

Hello Mr/Mrs Aaa173.......Welcome to SH Aaa173 wrote: "They have extended the loan with Coinbase to another year - per SEC filing today" IF this is so.....and accurate, then it's QUITE a coincidence that it was done ALL at the same time in conjuction. And i don't believe in co-incindences btw.....8). But i guess it's all around good news that they've "resoved ...more

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