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

Bullboard Posts

Comment by countalphamomoon Jan 31, 2020 12:43pm

117 Views

Post# 30626174

RE:WTF on the share price last 2 days

Yeah, that's what I'd like to know. CEO steps aside while the price of BTC is climbing and the stock price plummets. Not encouraging at all. On the flip side, it could be just shaking out the weak hands who get nervous any time there is a change in leadership.

As usual everything hinges on the price of BTC. If this really is a change in the trend and we can maintain an upward trend between now and the halving then we should be fine. Could even be an opportunity to buy the dip. Personally I'm just staying put with what I have. No more no less. It would have to dip back down to 1.10 for me to buy more.

Just my 2 cents.