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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 > Share Consolidation
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Comment by Hotdogeron Dec 06, 2023 9:32pm
275 Views
Post# 35772247

RE:Share Consolidation

RE:Share Consolidation

Hut has been deprecating for a long time. 2 years ago Bitcoin was $40,000 and Hut was at $10. 

Now Bitcoin is $44,000 and Hut is at $2.75 ($13.75 post  split)
Merger might be a good thing but reverse split rarely are. Companies never learn. 

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