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 > insider selling

<< Previous

Bullboard Posts

Next >>

Comment by tcbmillon Jan 26, 2021 1:33pm

127 Views

Post# 32388757

RE:insider selling

this has been a known for many months now.Apparently they are selling to finance their 5nm chip development program of which HUT will be a beneficiary of.So short term pain,future gain if all else goes according to plan(like BTC going up).If you follow HODLgeorge (of bitfury)on twitter it will be apparent that the hut/bitfury relationship is alive and well.Bill Tai is also still on the hut board as far as I know.He is also part of bitfury.hope that helps.Others probably know more than i do.

<< Previous

Bullboard Posts

Next >>

Investing with insurance and protection