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.

NDAQ:HUT - Post by User

Hut 8 Corp > Validus + 500 million

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Comment by stingray88on Mar 10, 2021 10:10am

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Post# 32761902

RE:RE:RE:RE:RE:Validus + 500 million

Nickmann wrote: Yikes.

This will now make the stock move sideways for at least a month.

Long term could be good but in the short it will suck.

500 million is a massive amount of money that will add at least 50-75 million shares to the float.

Holy dilution Batman!!!!

When I raised the alarm that something wasn't right with this stock for a few weeks now I was chastised. Told to sell and move on. Now we know the price suppressing had merit. We are all here to make money, it wasn't bashing, it was concern.

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