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.

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Hut 8 Corp > HUT - NEW HIGH @ $28.47

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Comment by MrAlbertaon Nov 22, 2024 11:38pm

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Post# 36327186

RE:RE: HUT - NEW HIGH @ $28.47

Crypto miners are making deals to switch to AI projects which is both more lucrative and more stable for income. Companies wanting the AI services are even footing the bills to upgrade and expand hardware so the equipment can do the more complex work. It's not just a crypto play.

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