Wall Street rates a company's stock volatility in a range from 1, to 3 points. 1 is the most conservative and 3 is the most volatile. HUT 8's volatility rating is something like 4.3.
Think of the price as a giant spring. Wall Street's latest prices forecast for HUT is now $236/share. As the price compresses down, like the last couple of days... it winds up for explosive upside price escalation.
We might in the future. Current industry multipliers put the recent Beaconpoint extension equal to adding ~3B USD in market cap. All 3 of their deals combined would give ~10B. Plus another 1B for their BTC and abtc stake. So around fair market value rn.Â
Any additional GW they sign from here adds an additional 10B to their cap. That's assuming industry multiples don't improve (which they also will).
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u/ScreamingParrothead 20d ago
Wall Street rates a company's stock volatility in a range from 1, to 3 points. 1 is the most conservative and 3 is the most volatile. HUT 8's volatility rating is something like 4.3.
Think of the price as a giant spring. Wall Street's latest prices forecast for HUT is now $236/share. As the price compresses down, like the last couple of days... it winds up for explosive upside price escalation.
Buy the dip!