Hut 8 Corp HUT

Alternate Symbol(s): T.HUT

Financial Services Cryptocurrency

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 > Hut won't see $10 again.

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Comment by driller1aon Jan 07, 2022 1:47pm

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Post# 34293875

RE:RE:Hut won't see $10 again.

Finally, somebody said the key word..."hype". 8 weeks ago HUT was $20 a share. A little over a year ago HUT was a penny stock. The market really doesn't like stocks based on hype. It will tolerate them for a while but will eventually and inevitably pound them back to reality. That's what's happening here. Gap down tomorrow.

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