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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Comment by Moogulon Jun 21, 2019 4:08pm

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Post# 29850960

RE:RE:RE:RE:Why is this "pure play BTC miner" have no correlation🤔

Well even if it is you just have to maintain strategy and just buy the big dips. I was total crypto non believer and many of the start ups were bound to lose money and HUT8 was no different. But as it plummeted and these companies cut costs and got their house in order I’m now much more bullish from a financial performance perspective and much more bullish on btc now that u have institutions buying in.

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