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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

Comment by swheon Apr 15, 2021 11:51am
125 Views
Post# 33000773

RE:RE:RE:RE:If in doubt about an uplisting:

RE:RE:RE:RE:If in doubt about an uplisting:You don't value companies by book value. It is discounted future earnings with consideration for growtth. In hits case you must also factor in the price of bitcoin and that is pretty big because if bitcoin doubles within a year or better, all those future earnings and growth projections start to compound and multiply. Nothing has really changed. Bitcoin continues to increase as it will for the foreseeable future as its use by early adopters gives way to the larger market.  Who knows what will happen today?  In the future bitcoin and those involved in cryptos will experience much faster growth than most businesses and if well managed, even better. I like that HUT is an innovator and looking at ideas like generating power from waste in the oil industry. I am holding.  I did buy quite a bit on the way down over the last few days and am confident I will be doing fine. 
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