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.

NDAQ:HUT - Post by User

Hut 8 Corp

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Post by muddymaxon May 09, 2019 7:43am

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Post# 29727714

Better off just buying BTC, leave this alone

Compare the charts of BTC/USD to the HUT 8 charts aince IPO. Essentially the same chart.

All youre doing by buying this stock is buying BTC with a bunch of other risky variables involved, such as the companies unique electricity costs, property maintenance, and a million other things i’m sure you you can infer about a small cap public crypto company.

No matter how many things this company has going for it, it will be bound to the price of BTC, or worse. If you want crypto, buy crypto.

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