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

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NDAQ:HUT - Post Discussion

Hut 8 Corp > Horrible merger

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Post by NIAGARA711 on Feb 10, 2023 11:15am

Horrible merger

What a terrible plan after years of doing the right thing. Heres a thought ,cut your expenses ,dilute as little as possible and keep holding BTC until it goes to 100k .I thought that was the plan?

"Interestingly, Hut 8 (HUT) CEO Jaime Leverton said the firm will cover operating costs by selling BTC mined and HODLed, and/or by exploring debt options. Once the merger closes, Hut 8 (HUT) will review its go-forward treasury strategy "

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