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 > The beauty of timing

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Post by LeJameson Mar 04, 2021 11:39am

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Post# 32715265

The beauty of timing

They pushed earnings to late March which is quite reassuring. I was worried their earnings will be released in mid-March when BTC will likely remain volatile. HIVE's excellent earnings didn't benefit its SP due to BTC's drastic drop. BTC will be much more stable in late March than now and Coinbase's IPO which will likely happen in late March as well will draw a lot of attention to the sector. Cheers

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