HIVE Blockchain Technologies Ltd (HIVE)

[hobowilly]

This is how a transparent company informs its shareholders that they too have skin in the game and don't have to dilute their shareholders whenever they simply want to pay the pizza with mushrooms delivery boy like Frankie Houdini $$HIVE

Hut 8 Mining up 1.65% in US Pre-Market as Announces Acquisition of TeraGo's Data Center Business
BY MT Newswires
— 7:54 AM ET 01/20/2022
07:54 AM EST, 01/20/2022 (MT Newswires) -- Hut 8 Mining Corp. (HUT) entered Thursday into a definitive agreement to purchase the cloud and colocation data center business from TeraGo Inc. ( TRAGF ) for $30 million, to be funded from existing cash on the company's balance sheet. Once complete, the acquisition will establish it as a "leading high-performance computing platform, providing unique positioning for the company within the digital asset ecosystem," Hut 8 said in a statement.

The acquisition consists of five data centers across Canada with an information technology offering that includes a complete selection of scalable cloud services. The Data Center Business spans from Toronto to Vancouver with over 36,000 square feet of geo-diverse data center space. Existing saleable power capacity totals 4.1 MW, with a further 1.5 MW of expansion capacity available within existing shelf space in the Kelowna location. Hut 8 is acquiring customers, employees and a diverse product offering as part of the acquisition.

The transaction is expected to close in the first quarter of 2022.

When is the last time Frankie Houdini Holmes included this in a PR?
Hut 8 Mining Corp. (HUT) entered Thursday into a definitive agreement to purchase the cloud and colocation data center business from TeraGo Inc. ( TRAGF ) for $30 million, to be funded from existing cash on the company's balance sheet.

The cheap selfish POS would not think of such a thing;
to be funded from existing cash on the company's balance sheet.

Surely the Part Time CE(R)O Full Time POS laughed his off when he read that and called Hut 8 execs fools for paying for it off their balance sheet.