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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 > Nice FUD
View:
Post by Edcando on Feb 11, 2023 7:20pm

Nice FUD

except for a few inconvenient truths . They said they may sell some of their stack and/or what they mine and/or look at other financing options. They can't continue with their ATM because they can't add shares to the float as that would change the dynamics of the merger. This isn't a change of their plans , but rather doing what needs to be done in the interim until this amazing merger closes. 


Clearly when one invests they should trust the BOD/insiders or they should sell and get out of dodge. Me? I trust them which is why I'm invested in the first place. Yes I love their stack (the majority of which they will be keeping), but there's never  a sure way to tell when /if btc will hit $100k (also if one is so sure it's getting there this year it won't happen all in one day so who knows what the future proce I'm next few months is if/when they sell some).Meanwhile whether it does or doesn't they have increased US exposure for both institutional investors and new clients. They've increased not only their hash rate but also strengthened other fiat revenue streams. 

To recap they'll be increasing mining capabilities, customer base, HODL stack, institutional investor exposure, and fiat revenue streams. 


As an aside does anyone else find ABC123's name ironic since he clearly can't read or understand numbers. Split will be 5 for 1 not 40 clown.

Comment by NIAGARA711 on Feb 12, 2023 4:18pm
Shareholders at HUT should realize that with a reasonable chance  of Bitcoin going to 100K  within a year ,the company would have 900 Million dollars if they sold their stack,thats if they stopped holding  what they create and use the income to offset losses in revenue from North Bay. That is a reasonable way  to go forward ,something  close to what they have been doing ...more  
Comment by Edcando on Feb 12, 2023 4:42pm
That's a lot of words to say you either don't understand the potential and/or you don't trust the board.  Me? I see  both the potential in the merger AND trust the board to work in our best interest. That's why I'm excited for what's coming. As you mentioned , if/when btc hits 100k they may have a much bigger stack and/or cash in the bank + the increased revenue ...more  
Comment by NIAGARA711 on Feb 12, 2023 6:47pm
I've pointed out legitimate miscalculations .Again why is HUT merging with a company that has 2 ,not 3 unencumbered  properties. ? As posted Niagara is and will continue to have threats of closure. They (US BITCOIN) have zero Bitcoin and it looks like debt and no cash. The potential for HUT is enormous but not by making moves like this. Why is the BOD not being more transparent ? Why are ...more  
Comment by Edcando on Feb 12, 2023 9:18pm
I sure did tell you! For starters it looks like you're invested in a company where you didn't seem to trust the BOD.  (if you're invested and not just spreading FUD).  I was typing more but then realized no one is paying me so instead I'll let Jamie and the gang speak for themselves.  https://edgar.secdatabase.com/1451/110465923012030/filing-main.htm
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