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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

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Post by Magnum2on Dec 30, 2020 5:41pm
205 Views
Post# 32200028

HUT and other BTC Miners

HUT and other BTC Minersafter the multibagger runs over the past three months it appears now they need to absorb profit takers...today was the first day to lock in settlement for 2021 tax year.

Bitcoin still near ATH, so give it a bit to shakeout, if BTC does start to correct look for some stop losses to get hit and some bargains.

IMO, the U.S. buyers over extended valuations...MARA softer this afternoon(I think a financing) RIOT and others still way over valued or atleast alot of upside is already priced in.

BITF one of the few positive today.

Anyhow, we'll see what tomorrow brings...some of the Junior Golds that were victims of taxloss selling are starting to rebound (V.XIM, V.MFM two that I own).

CWRK, one I screwed up on...a triple in the last couple of weeks.  Some of the smaller Cryptos had alot of support bids either disappear or were pulled, ie CSTR

GLTA

DYODD, sitting on cash still
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