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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

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Post by rankininleton Apr 04, 2021 10:05pm
226 Views
Post# 32935800

BTC recent softness vs Amazing catalysts

BTC recent softness vs Amazing catalystsI have to think addoption of bitcoin by VISA and Paypal are the beginning of growth spurt after spurt after .... such that 2021 BTC price exceeds everyone's most optimistic expectations due to demand.

Fidelity wants an ETF.

The big investment houses are bringing crypto plays to their clients ( JP Morgan, Goldman etc ... ).

USA, Canada, and Europe will soon have many citizens using crypto daily as adoption grows into main street.

Retail BTC coin buyers are hodling.  Miners are hodling. Increased scarcity has to push price up.

Coinbase IPO will be real in 10 days and will be front page news for a fair chunk of April and perhaps into May and beyond.  USA crypto use will levarage up on the Coinbase news and on the Stimulus cheques going into crpto and crypto plays.

And to boot, its hard to believe anything other than Hut 8 is going to the Nasdaq soon.

Any price softness on HUT shares is a buying opp in my oponion.

2021 Q2 is going to be WILD!  2021 is going to be great.  The roaring 20's will roar for Crypto and Crypto plays. Hut 8 will roar soon IMO.
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