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 > Bitcoin to $100,000 Before Year Ends.

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Post by LuckyMeLuckyYouon Feb 17, 2021 8:10pm

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Post# 32591982

Bitcoin to $100,000 Before Year Ends.

According to Blockchain data provider, Glassnode,

Currently,arround 78% of issued Bitcoin are either lost or being held with very little intent to sell. This leaves less than 4M Bitcoins to be shared among future market entrants- including large institutional investors such as PayPal, Square, S&P500 companies, and exchange traded funds.

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