RE:Bitfury transfer of shares...Depends how you look at this...
1. Bitfury is an avenue to new miners allowing Hut8 can expand their hashrate and maximise their 100 MW facility
on the other hand
2. Bitfury is in direct competition with Hut8 in the Cipher holdings.
No matter how you slice it...it does not help for Bitfury's shares if Hut8 plunges. Money out of their pocket. If Hut8 does well...means they but more miners from them plus their share holdings increase in value.
If Hut8 goes down investors are not likely to put their money into Cipher (they aren't even operating yet) - mostly likely would go to Riot or Mara.