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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 energeeon Apr 21, 2020 10:51pm
247 Views
Post# 30937301

Volume and SP Increase

Volume and SP IncreaseThere is a reason for the increased share price and volume action - just need to know what it is.  BTC price $6800-$7100USD which still provides good margins.

They are an efficient miner with top-tier sites at Med Hat and Drumheller, so someone outside must be taking notice of their business. What is key to me is that as a CDN public reporting Co., they have survived the regulatory reporting issues in a business that most laymen do not get. Yet, they publish good financials.

Good job, Hut management.
Bullboard Posts