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 > Todays Drop has nothing to do with the merger.

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Comment by NIAGARA711on Feb 10, 2023 8:33am

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Post# 35279119

RE:RE:RE:Todays Drop has nothing to do with the merger.

The share price of HUT is falling because (agreed) BTC is unstable for a short time. BUT...if the merger was so good the price of HUT would have stayed neutral at very least. the merger is a disaster and since HUT is a high hodler of BTc 9K plus ,it makes sense that if BTC goes down ,so does HUT in a temporary time frame. Mergers are set as you said for months ahead and anyone wanting a piece of the action on the merger would be buying especially today but its an insult to HUT shareholders and investors are not buying because its not settled yet.. imo

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