RE:RE:Hut 8 Mining Partners With Validus Power To Develop Low Cost..." The partners are exploring the co-development of an industrial scale energy generation platform that would take full advantage of the proprietary technologies and expertise of both companies. Together, Hut 8 and Validus believe they will be able to support and advance long-term ESG objectives while delivering financial innovation and positive overall outcomes"
Sounds to me like HUT and is investing in ESG R&D. Sounds good to me if they are on to developing new and innovative energy solutions. Time will tell.
ESG stands for Environmental, Social, and Governance. Investors are increasingly applying these non-financial factors as part of their analysis process to identify material risks and growth opportunities.