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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

Comment by chucker23on Jan 16, 2021 6:41pm
226 Views
Post# 32314207

RE:RE:What is our valuations for HUT?

RE:RE:What is our valuations for HUT?
No doubt Hut8's trajectory will be dictated by the price of btc. I think (obviously pure specualtion even with all of my DD) that the btc community's (which is growing exponentially by the second) goal is now 100k. Once or if that 100k is achieved then FOMO kicks in and it pushes well beyond that.

If this goes as I predict then we will see Hut8 market captilization reflect that of its competitors. How this plays out over time I'm not so sure. My guess is that 50k may be achieved even sooner than end of Feb, and once Hut8 eclipses $10 - weekly or even daily increments of $5 share price movements will be very achieveable.

This is how I am playing this - of course I could be broke by the end of Feb as well:)
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