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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

Comment by chucker23on Feb 16, 2021 4:31pm
97 Views
Post# 32576776

RE:RE:RE:RE:RE:RE:Sue should be fired

RE:RE:RE:RE:RE:RE:Sue should be fired Well, I have pumped Hut8 repeatedly because of it's fundamentals. Can't be bothered to do that again today. Plus this board has gone a bit crazy, and in a lot of ways rightfully so.

If one were to react to the price action today I would lose my mind and start thinking that hard-working shareholders who can't afford to be screwed - just got screwed again. The 'free market'.?

Clarification needed for me. Bitfury initially sold 2.5 million shares for R&D. Then they sold another 8.5 million for R&D. They have now transferred an additional 8 million shares to a third party.

What does this transfer mean? 
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