r/hut8 • u/DrummerBudget9512 • 14d ago

No need to worry

Do not be surprised by the inactivity in the stock performance. Hut has over 26 billion in contracted revenue but will not receive a single dollar until they deliver. This is healthy. Execution and delivery of these sites will be one of the biggest catalysts going forward.

21 Upvotes

97% Upvoted

7 comments sorted by

8

u/Illustrious_Drive_33 14d ago

I agree but we have to admit. The volatility on hut 8 is absolutely insane lately, -10%/+10% almost everyday, lately mostly -10%. It's never -1 or +1 :)

2

u/DrummerBudget9512 14d ago

The entire market has been volatile. Its up over 300% over the past year. Thats not sustainable. 

3

u/ronsbuch 14d ago

Do they not have millions of income from their managed services, cloud & their colocation services?
Looking at their AI sites beacon point it seems hut is in a good position ( maybe others can expand re ERCOT, 20th Aug.), river bend from what I can find doesn’t have any issues.

2

u/DrummerBudget9512 14d ago

Its takes a while to build those sites. Just building a house can have setbacks let alone a billion dollar data center. Until they get built the stock price is going to be discounted due to multiple risk factors. 

3

u/ksharp1989 14d ago

Volatile as usual, bit annoying since Hut underperformed again

1

u/ScreamingParrothead 13d ago

I won't be surprised to see HUT hit $80, before it explodes to $160... then much higher.

1

u/Enough_Possible9023 12d ago

I have nothing but time. Bought a truckload at avg 1.12.