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 > Hut Bitf

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Post by Kato5579on Mar 23, 2021 5:36pm

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Post# 32860545

Hut Bitf

Hut does not have enough cash to buy bitf, which would certainly want a big premium. Combinations of cash and Hut stocks may work but will damage Hut stock price near term as being the bigger company and acquirer. A merger may possibly make sense but gets complicated. Not sure Mr Market will like it short term. Then again only thing matters is bitcoin going back to 60000 and beyond.

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