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 > Hut won't see $10 again.

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Comment by DDayTTraderon Jan 13, 2022 10:58am

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Post# 34312688

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

The trend is that shorts are getting their way. Lower prices for people who are buying. Whatever the trend, when Bitcoin gets regulated and everyone can invest through their local bank, the demand will go through the roof and companied holding bitcoin like Hut and Bitf will gain in value because Bitcoin's value is based on demand. Im buying now and well see where we are in 6 months, my guess is 20-25$ ish. But hey, short have the game now... why else would stock go down while BTC going up?

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