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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

Post by mrmomoon Jun 19, 2024 9:48am
240 Views
Post# 36095731

Did Hut8 just DUMP 1/3 of their Bitcoins?

Did Hut8 just DUMP 1/3 of their Bitcoins?Lots of rumors......good & BAD.... swirling around the company........especially due to the lack of ANY recent news, including the massive delay in releasing their monthly production numbers for May. Which are way beyond late......for some unkonwn reason.... and what i consider as ......being normal.So what's really going on in company.........? As a s/h.....i definitely WANT to kF thnow WTH is going on here.....!

IF these so called rumors are indeed TRUE.....that Hut8 mgmt has indeed DUMPED 1/3 of their "valuable" Bitcoin holdings...........then my friends.....this is not only concering....but a completely dumbaZZ stupid move....IF TRUE. If these rumors are accurate, even somewhat.......then as i loyal long time s/h......i would be VERY upset that they dumped those precious coins so quickly, so cheaply at these totally depressed low prices......when they had OTHER VIABLE options to be considered first.

My assessment? If these WILD rumors are true.....it woulddefintely make me re-think my investment here, as this would inidicate to me that this new, brash & inexperienced Ceo & it's mgmt team does not have the s/h's best interests in mind and they greatly differ from my own. So there better be a VERY VERY good reason WHY they did this.......IF they did.....And honestly......i can't see or come up with one.......which makes any sense at all....

Hopefully for our sakes.......Hut 8 will quash these rumors.......promptly.....without question or doubt in the coming days......and they will release some great news worthy of the company's reputation!......and for the benefit of ALL Hut s/h.............

GLTA

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