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Bullboard - Stock Discussion Forum
Hut 8 Corp
HUT
Alternate Symbol(s):
T.HUT
Financial Services
Cryptocurrency
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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NDAQ:HUT - Post Discussion
Hut 8 Corp
> Great update on HUT 8 and earnings!
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•••
BryceCanada
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Post by
BryceCanada
on May 15, 2022 12:16pm
Great update on HUT 8 and earnings!
https://youtu.be/JeCQ-nRVa50
(4)
•••
bufordpusser
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Comment by
bufordpusser
on May 23, 2022 8:27pm
when I see the bottom line increased from break-even to a profit with an item called "re-evaluation of warrants" I become skeptical. wtf does that even mean?
(0)
•••
kaston1951
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Comment by
kaston1951
on May 31, 2022 10:54pm
Let's say you worked for Hut and agreed to take 10,000 warrants at market price that you may turn to shares at any time before they expire., you got paid $100,000 for your work if the shares traded at $10 each. on that day.(Say Nov 14) By the end of the next quorter (31 March) the share price drops to $3 Hut records a $70,000 gain because they rcorded $100,000 expense for your work
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