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 > RBC

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Comment by stingray88on Feb 11, 2021 4:59pm

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Post# 32545450

RE:RBC

I'm not particularly fond of the trading pattern here. Every uptick is resisted and beat back down. Yesterday was an especially vicious day. It's a trader for sure but take that with a big heap of frustration and angst. With the long weekend upon us tomorrow will bring a lot of volatility. Then the Asians will have at it during the weekend. I didnt think the news today would move us and possibly knock us down, (BTC 48k) saved our bacon.

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