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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 tictactoe111on Jun 14, 2021 11:28am
178 Views
Post# 33381620

RE:Back on the Rollercoaster

RE:Back on the RollercoasterI think it has every chance of soaring with the Nasdaq listing, the last time I rode HUT it threw off about 300% in under a fortnight, insane. It's all down to BTC though. I've noticed big crypto moves often occur (in both directions) on the weekends which is why I positioned again in HUT last week as it looked like BTC was trying to find a bottom. HUT is an out and out trading stock though, not a long term investment for me. I like management to put their money where their mouths are and not get consistently diluted into oblivion. Whenever I hear management boasting of how much they have raised in previous companies - they lose me.

What a contrast between HUT and MRZ.V in respect of insiders:

https://stockhouse.com/companies/insiders?symbol=t.hut

https://stockhouse.com/companies/insiders?symbol=v.mrz

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