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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: Digital Assets Mining, Managed Services, High Performance Computing-Colocation and Cloud, and Other. Its infrastructure portfolio includes about eighteen sites: nine Bitcoin mining, hosting, and Managed Services sites in Alberta, New York, Nebraska, and Texas, five high performance computing data centers in British Columbia and Ontario, and four power generation assets in Ontario. Its Managed Services business provides institutional partners such as digital asset mining site owners, governments, and data center developers an end-to-end partnership model for energy infrastructure development.


NDAQ:HUT - Post by User

Bullboard Posts
Post by Cremonaon Jul 30, 2018 9:23am
61 Views
Post# 28384376

Should be much higher.....

Should be much higher.....It seems no one posts here, but I will anyway.   I have a hard time wrapping my head around the current price of this stock.   Based on what has been accomplished by the managment in getting 57 blockboxes in place in Drumheller and Medicine Hat,   this company should be now making 45 bitcoin per day...... 

The rest of the numbers from that,  should have this company much higher than it is now,   maybe $20 or more.  I made some mistakes in my last calculatin of sp,  which it seemed noone saw or cared to comment on.... I had too low a cost per bitcoin,  and only a 20 times multiple,  it should really be about 24.

Either way,  I think this company is very tightly held by a few,   and a few retail investors like me,  and to anyone who wants to predict the price of this stock,  just do the math,  and it should be well above $10 and probably $20,   and I am conservative.

Please chime in.... 
Bullboard Posts