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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

Post by LeJameson Feb 11, 2021 10:12am
194 Views
Post# 32536889

We have reached the point when management

We have reached the point when management

Sue has been doing an amazing job of increasing transparency and helping the public better understand the company. 


However, until an uplisting to Nasdaq happens, this stock will continue to rise less than its peers like MARA and RIOT when BTC soars, and plunge more than its peers when BTC drops due to its relative low volume.

Of which today is a clear example, and MARA/ RIOT don't even have a positive NR. 


As an investor with a significant long position in HUT, I believe we have reached the point when management can't equivocate anymore and answer this question directly : what has taken you so long to make the decision to apply for an uplisting to Nasdaq?
 

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