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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NDAQ:HUT - Post Discussion

Hut 8 Corp. > Patience

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Post by Argyrocatharsis on Mar 17, 2021 5:56pm

Patience

I know it suxs,but these are the rottenwood games in canuckstan,not enough money/smart money in retail,the old foggiest don't understand btc,busy collecting dividends in bank stocks or oil stocks,no competition among the big money,so they shenaggle freely with no threat,shaking shares loose and accumulating(they control both sides short & long)...so as frustrating as it is, we need to wait it out , look at the other miners in cnd, same thing, Extremely undervalued to nasdaq peers

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Comment by steel9696 on Mar 17, 2021 6:20pm

If Bitcoin is at 60k market open tomorrow,30% up day very possible for Hut.

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Comment by Argyrocatharsis on Mar 17, 2021 6:38pm

BTC will probably rise hard and fast from here, very likely , but even if Hut has a 30% move ,it'll be subdued and seriously underachive it's nasdaq peers in subsequent days(remember we shot up to almost 16$ and subsequently dropped to low $7's on a max. 10% down move from BTC.).as long as it is on the tsx only it'll underachive by a factor of 2-4x the americano peers...we need ...more

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Comment by steel9696 on Mar 17, 2021 7:02pm

Earnings coming next Thurs will be big catalyst for Hut share price..projected Q4 55-60M net income.....Mara Q4 was 9M loss.

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Comment by Argyrocatharsis on Mar 17, 2021 7:10pm

should be, not sure it'll be, mara trading at 4x our market cap regardless

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Comment by DXX2453 on Mar 17, 2021 8:29pm

Do you have a link if Hut 8 revenue projection? 55-60 million sounds unrealistic.

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Comment by steel9696 on Mar 17, 2021 8:52pm

Search youtube....Blonity Hut8 Q4 55-60M.......He projected Hives earnings very accurate.....Hut 55-60M earnings is based on the reevaluation of the value of their 3000btc holdings based on a bitcoin price of 29K in Q4...Q1 will be even better with Bitcoin currently at 59k.

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Comment by cpfischer on Mar 17, 2021 9:15pm

True. Bitcoin was at $10,788 end of Q3 Sept 30. Dec 31 it was USD 28,923 $18,135 dif times say 2800 btc = $ 50,778,000 USD ~ $64,480,000 CND The best part is this quarter's reavaluation is looking even stronger if we keep this run from now till the end of the month. I think the results in this coming earnings report will put Hut 8 on alot of ppls redars. ...more

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