Hut 8 Corp HUT

Putting the pieces together

[chucker23]

Pieces are starting to come together.

Bitfury selling their stake in Hut8 has put a lot of downward pressure on the sp. We find out that the proceeds went to fund their own mining company. https://twitter.com/bitfurygeorge/status/1367847257320611841?s=21

Some think underhanded, I think that's just business, and it makes sense for Bitfury; they can't hold shares in their competitors. The great thing is that it takes them out of the picture and eliminates their downward pressure on Hut8. So I wish them best of luck in their new start up mining company and they can thank Hut8's success for them be able to to do so.

[Bizintel]

Just saw the Cipher SPAC IPO news, what's the potential for a takeover of Hut 8 by Cipher?

[DXX2453]

Why would they take Hut 8?

[Argyrocatharsis]

takeover possible,even very possible at these depressed prices, it's our stash of 3000+BTC that makes us extremely delicious...the huge entities know that BTC is probably going over 200+k this year....do the math at what our true value will be??.....meanwhile with the us$ rising I don't see btc making any big moves upwards for awhile, actually surprised we're still in upper 40's.