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 > Run like Riot is a matter of time

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Comment by Johnny0081on Nov 24, 2020 9:57am

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Post# 31959854

RE:Run like Riot is a matter of time

Hut 8 just isnt as marketed and in the news as Riot. Even look at Hive because they mine ETH but people dont realize ETH going POS so HIVE will get crushed.

Every $100 move its +/- $285K in Hut's inventory. so almost $70M at current prices and current mining is lower than the current price. Have to wait to see it next financials.

There was selling pressure because bitfury was selling 2m shares. If was on the Nov 12th sedar. I assume its sold now.

Bullish. will go $5+ in no time.

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