Putting the pieces together Pieces are starting to come together.
Bitfury selling their stake in Hut8 has put a lot of downward pressure on the sp. We find out that the proceeds went to fund their own mining company.
https://twitter.com/bitfurygeorge/status/1367847257320611841?s=21 Some think underhanded, I think that's just business, and it makes sense for Bitfury; they can't hold shares in their competitors. The great thing is that it takes them out of the picture and eliminates their downward pressure on Hut8. So I wish them best of luck in their new start up mining company and they can thank Hut8's success for them be able to to do so.