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Bullboard - Stock Discussion Forum 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... see more

NDAQ:HUT - Post Discussion

Hut 8 Corp > Hut volume and momentum
View:
Post by Bac0n on Nov 18, 2020 7:20pm

Hut volume and momentum

Compared to HIVE, HUT is the better investment in terms of financials and bitcoin mining rate. Yet this stock hasn't had the volume or price movement of HIVE or RIOT. 

who wants to explain to me why that is? 

-Bac0n

Comment by OttoSkorzeny88 on Nov 18, 2020 7:57pm
This post has been removed in accordance with Community Policy
Comment by Bac0n on Nov 18, 2020 8:09pm
please shut up spammer.   
Comment by chucker23 on Nov 18, 2020 8:52pm
One thing that comes to my mind is Fidelity. They control upwards of 10 million shares with a target of $1.80. Probably own even more by now. If they are sitting on those shares that could thwart liquidity. Don't know if Riot or Mara (both with about only 50 million shares outstanding) have institutional buy in or not, because their outstanding shares are half of Hut. They don't seem to ...more