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.

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Hut 8 Corp > Bitfury sold another 3M shares

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Post by Sharpactionon Feb 11, 2021 7:33pm

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Post# 32548114

Bitfury sold another 3M shares

Bitfury just reported on Sedi they sold another 3M shares hence the downward pressure on the SP. Sue said its to fund R&D on their new chips. Fine, fair that's a good reason. What sucks for me is that, would Bitfury be selling right now if uplisting to the Nasdaq is imminent?

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