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 > The reason the stock is not going up:

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Comment by AlphaJon Mar 30, 2021 10:22am

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Post# 32905392

RE:RE:The reason the stock is not going up:

Canadian crypto miners have only recently started applying to uplist because they only recently qualified to uplist. HIVE, HUT and BITF are still missing a few minor criteria which they may overcome if they they meet other additional criteria from what I understand. It will be another month or two before we hear about any of these 3 big miners uplisting to the US.

joecancer wrote: You got 1 out of 5 right. Nasdaq would boost the stock greatly. But Hut is suffering the same way similar Canadian miners like Bitfarms is. This has nothing to do with the CEO.

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