Hut 8 Corp HUT

Alternate Symbol(s): T.HUT

Technology Software - Application

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.

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Hut 8 Corp

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Comment by Cremonaon Apr 03, 2019 9:41am

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Post# 29575150

RE:RE:Here we go boys......

Thanks! I think some bitcoin sales have happened, you are right, about 7500 bitcoin mined but I could not see exactly how much they currently own in the last quarterly. Anyway, here is another back of the envelope calculation.....Say they have 6 thousand bitcoin... at 4k, that is 24 million....At 5k, that is about 30 million. With those assumptions, Hut made 6 million USD in the past two days.....nice....

I see it is moving again this morning......long bitcoin and Hut.....

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