HUT

Hut 8 Corporation

NASDAQ

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HUT

Hut 8 Corporation

NASDAQ

Add Alert

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Going_4_It

08/13/24 11:33 AM

Post #984

I hate these new FASB accounting rules because they are knocking down the value of my shares. From my investing experience there is no loss or a gain until you actually sell the asset. So I am wondering what the purpose of these rules are. However I can certainly see the short-term impact on my investment, not good.

"...the new FASB fair value accounting rules for digital assets, which requires Hut 8 to recognize its digital assets at fair value with changes recognized in net income during the reporting period. The price of Bitcoin on March 31, 2024 was $71,289 compared to the price of Bitcoin on June 30, 2024 of $62,668, such that the decrease in Bitcoin price during the quarter resulted in losses on digital assets of $71.8 million. "

77Port

06/27/24 10:19 AM

Post #983

Today's news:
"Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North America’s largest Bitcoin miners, is set to join the broad-market Russell 3000® Index at the conclusion of the 2024 Russell U.S. Indexes annual reconstitution, effective at the open of U.S. equity markets on Monday, July 1st, 2024, according to a preliminary list of additions posted June 21st, 2024."

Lokotony

06/06/24 9:36 AM

Post #982

So glad this is my last miner held....until it hits my avg. BTC roaring, but it's red.....gotta love it!

Lokotony

04/22/24 9:37 AM

Post #981

Re: #980: @I-Glow - I am curious why would you keep holding

Well, like most of my market choices, it always does the opposite of what I do. I sell for a loss today and it runs 50% tomorrow.....inevitable.

I-Glow

04/17/24 10:42 PM

Post #980

Re: #976: @Lokotony - Bought this at $12, why would I not

I am curious why would you keep holding and watch your investment disappear by 37%.

Why didn't you cut your losses?

IG

I-Glow

04/17/24 10:34 PM

Post #979

Re: #951: @TheFinalCD - FRAUD REPORT* OUT ON $HUT

If the information isn't accurate - then HUT file a defamation lawsuit against J Capital.

HUT probably doesn't want any part of Discovery. If HUT remains silent that is a bad sign.

IG

Smallblock

02/09/24 5:41 PM

Post #978

Re: #977: @Lokotony - Not sure whether to drop this if it

I think bitcoin will move it up

Lokotony

02/09/24 11:23 AM

Post #977

Not sure whether to drop this if it ever hits my average!!!

Lokotony

02/08/24 11:02 AM

Post #976

Bought this at $12, why would I not sell, IF it gets back there? TIA

77Port

02/07/24 6:54 PM

Post #975

Any insight to this abrupt decision?

MIAMI, February 7, 2024 (GLOBE NEWSWIRE) – Hut 8 Corp. (Nasdaq | TSX: HUT), (“Hut 8” or the “Company”) today announced that Asher Genoot, President and a member of the Hut 8 Board of Directors, has been appointed Chief Executive Officer, effective immediately. Mr. Genoot succeeds Jaime Leverton, who departs from Hut 8 as Chief Executive Officer, effective immediately.

The Hut 8 Board of Directors (the “Board”) has determined, following the completion of the Company’s merger of equals, the time was right to set a new strategic direction for the Company and that a transition of leadership was appropriate.

Lokotony

02/06/24 12:31 PM

Post #974

What does it mean that they concluded services with MARA?

Dubster watching

01/25/24 12:13 PM

Post #973

Re: #954: @Brokemillwright - How's your prediction working out Mikey? Remember, nobody

Broken record,
Every post on every board is negative and insulting to actual traders.
We all know you are just a kid that lives in a sad place.
Stop insulting people and post trading information.

You started insulting a trader on *BOIL and I called you out, and asked you to be respectful. You cant.
Is this really what you want others to see from you? The name calling alone is distasteful and ridiculous.
Grow up!

77Port

01/24/24 1:56 PM

Post #972

Re: #971: @Lokotony - Yep, probably true, but no matter the outcome,

Yes, as is happening with other miners, the game is on. While I'm not really an opera fan, this is opera at it's best, full drama showing the worst humans behaving badly to get what they want.

The powers that be want the best stocks at the cheapest price and are willing to slice a few throats to get what they want.

The only problem with this awful model called capitalism is that communism, and its lesser cousin, socialism, simply finds other ways of using power to slit throats.

Either way throats get slit. But with capitalism we, supposedly, get washing machines and other luxurious gadgets which have a better chance of working.

Lokotony

01/24/24 1:43 PM

Post #971

Re: #970: @77Port - Today's statement by HUT seems as libelous as

Yep, probably true, but no matter the outcome, it doesn't help us poor retailers that lost 50% in a week.

77Port

01/24/24 1:34 PM

Post #970

Today's statement by HUT seems as libelous as was the short report a few days ago. If true, and if HUT can prove it in court, perhaps they can sue for damages. No doubt, that's an uphill battle.

But if, as alleged, this was lying for the short company's own benefit then, perhaps, it's illegal like insider trading.

From statement:
HUT8 "... believes that the report is filled with inaccuracies, misrepresented data, speculative claims, and unfounded character attacks. The report appears to represent a deliberate attempt to spread misinformation about Hut 8, its operations, finances, management practices, and key executives. .... The Company believes that the report was designed for the sole purpose of negatively impacting Hut 8’s share price for the short seller's own benefit, at the expense of Hut 8’s shareholders, partners, and employees."

That's a strong statement.

TheFinalCD

01/19/24 7:55 PM

Post #969

Re: #968: @Mikey - This guy on TwitterX is off the mark

i agree on the asking for donations, and subscriptions... but

iVE SEEN HIM MAKE $1M ON PLTR AND SOFI

HE POSTED SCREENSHOTS ALL THE WAY THROUGH THE TRADES

SO DOESNT MATTER HIS AGE

here are some more

I WATCH AND LEARN FROM ANY THAT MAKE COMMON CENTS

OTHERS SHOULD TOO

https://www.youtube.com/@CryptoCrewUniversity

https://www.youtube.com/@TheArtOfCrypto

Mikey

01/19/24 7:05 PM

Post #968

Re: #966: @TheFinalCD - this guy I follow was pretty heavily invested

This guy on TwitterX is off the mark AND the guy he referred to on youtube is taking an asswhipping as we speak, he is just a kid.........and the Twitter guy is accepting tips, but claims to be a multimillionaire guru..........come on, now.........HUT may bounce, soon!........lets watch it closely!

Tiger Money

01/19/24 5:12 PM

Post #967

Re: #966: @TheFinalCD - this guy I follow was pretty heavily invested

That is why is simply own bitcoin and have been blessed by it

TheFinalCD

01/19/24 4:07 PM

Post #966

this guy I follow was pretty heavily invested in CRYPTO miners

he SOLD all his $HUT yesterday
MARA he SOLD everything today
both for same reasons

as spelled out in his Tweet

I've exited all of my $MARA position!

Do NOT get me wrong, they look GREAT from a Bitcoin production standpoint and glancing at financials.

But I DO NOT LIKE the fact that there are a bunch of filings that do NOT exist.

Also, they're doing a lot of business with Applied…
— Micro2Macr0 (@Micro2Macr0) January 19, 2024

Smallblock

01/19/24 3:31 PM

Post #965

Re: #962: @Smallblock - https://youtu.be/dGMtVL18HCo?si=oQD_alHaScW9jdO5

Vid on utube from BusinessDad
Mentioned vp made comments on X as well.

Consider the source.

Mikey

01/19/24 3:30 PM

Post #964

Re: #960: @Tiger Money - I guess the weak shady crypto cos still exist

Tiger, I was very surprised to see this on HUT.........i'm sure some of those chinese companies are fraudulent,but wasnt thinking HUT was

Smallblock

01/19/24 3:27 PM

Post #963

Re: #962: @Smallblock - https://youtu.be/dGMtVL18HCo?si=oQD_alHaScW9jdO5

...

Trying again. Didn't work.

Smallblock

01/19/24 3:24 PM

Post #962

TheFinalCD

01/19/24 2:17 PM

Post #961

Re: #956: @77Port - J capital research is a real shorting company.

I disagree

that FRAUD report is extensive

I am betting on it

Tiger Money

01/19/24 11:57 AM

Post #960

Re: #959: @Mikey - damn shame too, on paper they looked great,

I guess the weak shady crypto cos still exist

Mikey

01/19/24 11:43 AM

Post #959

Re: #958: @Tiger Money - You nailed it

damn shame too, on paper they looked great, had a low float and everything heading in the right direction fundamentally, and to find out a bunch of it was a lie.......terrible news for HUT

Tiger Money

01/19/24 11:23 AM

Post #958

Re: #957: @Mikey - this reminds me of some pinksheet promoters who

You nailed it

Mikey

01/18/24 3:45 PM

Post #957

Re: #953: @Tiger Money - That is not a great report or information

this reminds me of some pinksheet promoters who just got lucky, initially on this one and now have to pay the piper.......

77Port

01/18/24 3:02 PM

Post #956

Re: #955: @77Port - Where's info regarding if Hut knew this and

J capital research is a real shorting company. They're not a joke. But sometimes the short scare turns out to be a known thing and today's release shows up as old news making it a fear event and buying opportunity.

Hard for me to accept HUTs' DD was so weak to have not known everything about this company.

As of now,, I trust HUT more than this report.

77Port

01/18/24 2:51 PM

Post #955

Where's info regarding if Hut knew this and saw an opportunity?

Hard to imagine HUT was taken advantage of here. They're too smart for that. And if they were lied to during process and sale, then the lawsuits will begin and HUT ends up with all of it.

Perhaps in a day or two, HUT looks like they knew this all along.

Brokemillwright

01/18/24 2:22 PM

Post #954

Re: #944: @Mikey - my prediction is that HUT overtakes RIOT in

How's your prediction working out Mikey? Remember, nobody has EVER taken a Mikey seriously. Can we see some screen shots of going all in on miners?

Tiger Money

01/18/24 1:34 PM

Post #953

Re: #952: @Mikey - LOL..........YIKES.......great find........THANK GOD, I dont have any HUT

That is not a great report or information at all!

Mikey

01/18/24 12:38 PM

Post #952

Re: #951: @TheFinalCD - FRAUD REPORT* OUT ON $HUT

LOL..........YIKES.......great find........THANK GOD, I dont have any HUT any longer

TheFinalCD

01/18/24 12:28 PM

Post #951

Re: #944: @Mikey - my prediction is that HUT overtakes RIOT in

FRAUD REPORT* OUT ON $HUT

*ALLEDGED

https://www.jcapitalresearch.com/index.html

Bearish

Mikey

01/17/24 11:31 AM

Post #950

https://www.globenewswire.com/news-release/2024/01/15/2809065/0/en/Media-Advisory-Hut-8-Corp-to-Ring-Opening-Bell-at-Nasdaq-in-New-York-on-January-18-2024.html

Smallblock

01/14/24 7:55 PM

Post #949

https://cryptoslate.com/hut-8-expands-borrowing-capacity-with-coinbase-to-65-million-acquires-natural-gas-power-plants/

Lokotony

01/11/24 7:13 AM

Post #948

Glad I got in!!!!!

Dark-Grove

01/08/24 7:51 PM

Post #947

Re: #945: @TheFinalCD - $hut Stalking horse bid update – we have

Why is HUT not reflecting the price of bitcoin. This is getting frustrating.

TheFinalCD

01/08/24 10:04 AM

Post #946

Re: #943: @Dark-Grove - Yes mine also

added HUT 11.11

TheFinalCD

01/08/24 10:04 AM

Post #945

Re: #944: @Mikey - my prediction is that HUT overtakes RIOT in

$hut Stalking horse bid update – we have now received court approval in our stalking horse bid for four natural gas power plants including the North Bay mine. Read more here https://ow.ly/ETML50QoCfB.

Stalking horse bid update – we have now received court approval in our stalking horse bid for four natural gas power plants including the North Bay mine. Read more here https://t.co/0BgZ76uVf7.
— Hut 8 (@Hut8Corp) January 8, 2024