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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 > Price swing
View:
Post by Rejean1 on Jan 20, 2021 1:02pm

Price swing

Could the June 25th....5,172,500 units of the Company (the "Units") at a price of $1.45 per Unit (the "Offering Price") for gross proceeds of $7,500,125 (the "Offering").....be a reason for the big drop? Some are cashing out now?
Comment by Mac7999 on Jan 20, 2021 1:08pm
Mostly due to BTC dropping 10% this morning! Spooking out investors to sell for profits taking!  Look at DMGI and Mara they are going to bounce back big time! Buying opportunities or even averaging! Good luck all! 
Comment by Zola2 on Jan 20, 2021 2:05pm
Hut also off its lows. Wait for the end of the trading session and the following days. Hut is one of the best crypto companies.
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