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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

Post by chucker23on Mar 10, 2021 6:46am
203 Views
Post# 32760529

Validus + 500 million

Validus + 500 millionSomething bigger at work here. I suspect that we can expect an update soon. My guess is it is energy related and something that will build value even during the lean 'winter' years.

Nasdaq listing - I feel pretty confident in speculating that the paper work has been file and approval is pending. Can't currently see a connection to Cipher with regards to a M&A. Although if Hut8 isn't approved for the nasdaq then I would be surprised if discussion evlove quickly between Cipher & Hut8
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