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 > If in doubt about an uplisting:

<< Previous

Bullboard Posts

Next >>

Comment by kaston1951on Apr 15, 2021 11:58am

136 Views

Post# 33000841

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

Based on a fair asset value, yeah worth about the 3.35-3.80.. If info hut publishes is reliable, based on Bitcoin staying above 50K ,one could make a case for a higher value. Mining operations are traditionally valued at 8-12 X operating margins. Hut claims a cost of $14500 to mine each coin. Based on 3000 coins per year and 60K USD or 75K Canadian. the margins should run at about 180 million candian or a market cap of between 1.4 billion-to 2.1 billion or $11-$18/share.
However, it depends on how reliable the data hut publishes is. I am not sure their data is consistent, clear or reliable.

<< Previous

Bullboard Posts

Next >>

BMO launches enhanced platform with tools for options trading