Hut 8 Corp HUT

BAND TOGETHER AND GET BITFURY GEORGE OUT!!!

[Vanessa1990]

I just want to clarify my stance on this whole Bitfury thing since there's a misunderstanding. I personally do NOT care if Bitfury dumps shares. As retail investors, this is what we want.
1. The partnership with HUT and Bitfury is actually really bad if we keep working with Bitfury.
2. George doesn't know much about this sector nor does he care about HUT's future growth. His end goal is to maximize profits for his own gain. Simple.
3. Continued partnership will HARM HUT's reputation. Many investors, like me, do not want to see Bitfury's name attached to HUT at all. We lack interest in that. We, as investors, need to band together and SPEAK UP to get George out of the picture. This is absolutely crucial. George is really damaging HUT's reputation.

End of story!

[LeJames]

Nice rant but apparently Bitfury sold in a rush to prepare funds for CIPHER, which explains why they sold at those low prices. Now they can just wait for new highs to sell the rest of their shares, so they are not a negative anymore at least in the near term.  What I'm concerned about is actually Kevin O'Leary as he's looking for a miner to invest in and as a guy with a big ego

[Vanessa1990]

Lejames - I get it.  My issue was the lack of transparency as both George and Sue made statements that it was to further R&D for HUT (clearly a big lie). He milked the game very well.  At the end of the day, it's all business nothing personal.  However, HUT needs to move on and completely detach themselves from Bitfury.  If they don't, they will have a very hard

[LeJames]

Not sure what level of transparency you are expecting from these companies, but HUT is as transparent as a business can be.  Just don't take what people say on Twitter seriously. It's not something you can base your investment decisions on.   

[Vanessa1990]

Hmm, maybe transparency wasn't the word I was referring to.  Perhaps deceit.   We should always do our DD, but to broadcast it not only on Twitter but on the news that there will be R&D for HUT?? That's a bit ridiculous and I don't think any investor would like to hear that.  HUT is transparent, but there was no need to publicly lie about this.  If George wants

[chucker23]

- Bitfury still owns 20 million shares of Hut8 - after they just sold over 16 million to apparently fund the Cipher deal. - Cipher essentially becomes the new name for the current Bitfury mining operations - deep pockets in the Cipher deal worth over 2 billion - Fidelity is a big one - I believe Fidelity still has a 10% stake in Hut8 - Fidelity + Bitfury own a big chunk of Hut8 - close to 20