Hut 8 Corp HUT

Alternate Symbol(s): T.HUT

Financial Services Cryptocurrency

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 > Will this every fly ????????

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Comment by Billmarryme1977on Jan 18, 2021 1:52pm

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Post# 32321067

RE:Will this every fly ????????

In short, no it won't. They have no succession plan. You should also research Jaime Leverton who is their current CEO... yes, the same person who dragged Blackberry down. She was brought in around Nov 2020.
My prediction is that by Q2 of 2022, HUT will be pretty much non-existent.

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