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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 31, 2018 2:59pm
50 Views
Post# 28393224

Wow, price drop is weird....

Wow, price drop is weird....Only 36 thousand shares traded so far today,  yet that small amount,  maybe 100k in shares,  has been able to drive this thing down 10 percent.....Just crazy.

It is hard for me to understand why anyone would be selling,  but I guess,  we all have our reasons.

44 percent held by Bitfury and then most of the rest held by whales and board members I think there are very few retail investors,  so price can be moved easily by whales who want to see the minnows scramble.

Trust math,  not this unexplainable dumping...... it means nothing.... 
Bullboard Posts