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 checkupon Feb 15, 2023 2:50pm

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Post# 35288127

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

The merger is somewhat complicated and markets don't like complicated. I think the merger is great for HUT as Canadian operations are being jeoparized by a really, really stupid federal government.

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