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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 LeJameson Apr 07, 2021 4:16pm
182 Views
Post# 32951213

Capitulation

Capitulation Not saying it's the end of this downturn but some encouraging signs of people capitulating is beginning to emerge:

Volume is picking up. No where near the "normal" levels but it's beginning to increase. 

RBC's selling spree continues but mind you, they have net-sold 3M shares since March 15 when Bitfury filed on SEDI and basically said they still had 2.5 M shares to sell. 

Men who were into hitting on Sue on Twitter are beginning to swear and post nasty stuff in their comments on Sue's reposts.

Cheers 
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