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 > whats the play?

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Comment by LetsRoll10on Jun 15, 2021 5:26pm

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Post# 33392869

RE:RE:RE:RE:RE:RE:whats the play?

I believe it will take a few days to see some positive impacts but it will happen, one concern is the Q1 with Hut8 purchasing Bitcoin with cash when Bitcoin was much higher, Those financials June 31 won't be stellar but I still like these guys and Bitfarms. It will be interesting to see how the Nasdaq treats these two. Both are good, I prefer the mining and hodl the Bitcoin vs buying them with cash as mining doesnt cost as much but I know HIVE had a bunch of cash. It will be interesting to see. BItfarms will be trading/announcement scheduled for Monday.

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