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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 > New 52 week lows
View:
Post by Duster340 on Aug 19, 2022 10:50am

New 52 week lows

coming for hut. that will be the time to buy
Comment by Edcando on Aug 19, 2022 11:24am
Perfect because I've been kicking myself for not jumping in at $2.96 last Monday . How low can we go?! Lol
Comment by rayjd93 on Aug 19, 2022 6:24pm
You just know that the second you buy they will announce another round of dilution :) The crypto mining stock space is almost as trecherous as just trading straight crypto.  
Comment by Bookworm28 on Aug 19, 2022 3:10pm
I've been watching it too. With the $200MM U.S. ATM on the horizon, that's quite an overhang. Just off the top of my head, if we're looking at +30% for the exchange rate from CDN to U.S. dollars, that's $260MM Canadian, and with the current price of $3 CDN a share, that equates to ~86MM shares of  overhang. Unprecidented. Throw the factor of a stengthening U.S. dollar, with ...more  
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