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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 > Nasdaq
View:
Post by bidoux67 on Jun 15, 2021 9:08am

Nasdaq

Will we be trading on the Nasdaq today? Looking at Stockhouse it looks like we are but I haven't seen an announcement.
Comment by bidoux67 on Jun 15, 2021 9:13am
To answer my own question the company website mentions that that bought deal was finalized for $115 million and we will be trading on Nasdaq today. Fun times!
Comment by AlphaJ on Jun 15, 2021 9:24am
Thanks but I cant see it, do you have a link?
Comment by AlphaJ on Jun 15, 2021 9:25am
nvm i found it https://www.newswire.ca/news-releases/hut-8-mining-announces-closing-of-previously-announced-bought-deal-public-offering-and-listing-of-common-shares-on-nasdaq-817568390.html
Comment by bidoux67 on Jun 15, 2021 10:01am
Thanks for posting the link! And regarding our trading so far today, I am very disappointed and surprised. Let's hope that the increase exposure to the US market via Nasdaq will bear fruit soon! Glta
Comment by AlphaJ on Jun 15, 2021 10:04am
Trading was halted. Just went live at 10am. Awell, if this is it, no harm no fowl. All miners are flat right now. its weird
Comment by bidoux67 on Jun 15, 2021 10:22am
Actually at these prices I think I might buy more and go all in! Going to do that now.
Comment by NICKMAN on Jun 15, 2021 10:18am
Management completely F'd this up. Just brutal.
Comment by AlphaJ on Jun 15, 2021 10:20am
why?
Comment by stingray88 on Jun 15, 2021 10:24am
Because it's been diluted 3 times now. You can buy cheaper shares on the open mkt than the 20M @$5 . That's so wrong!
Comment by stingray88 on Jun 15, 2021 10:30am
Another 10m shares should clear all this mess out.
Comment by AlphaJ on Jun 15, 2021 10:32am
im not following, the deal is closed. Those shares are accounted for. Just seems like nobody wants a piece of HUT. You'd think at $4USD people would pile in for a peice of the cake, considering its the least valued miner on the NASDAQ compared to MARA and RIOT
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