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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 rayjd93on Aug 28, 2022 8:06pm
234 Views
Post# 34925765

RE:I added Friday

RE:I added FridayFrom Energy stocks who are swimming in free cash and basically all undervalued just as the SPR draws are about to end, Saudi's announcing any Iran deal will be met with cuts to keep oil prices up and Europe having to literally burn oil to keep their citizens warm and the lights on to....  BTC miner about to dilute their stock as Mr. Gox is releasing tens of thousands of BTC that have cost basis of $500 or less to people/organizations and a fed that is now 100% hawkish and basically saying they don't care if the economy suffers to get inflation down.

Gonna be honest, I think if you absolute must not be in energy, you might want to just be cash now and watch HUT from the sidelines for a while. 
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