Shares of Hut 8 Mining Corp (HUT) are trading -9% lower at a price of $2.055 at the time of this writing. The stock is trailing behind peers on a mildly melancholic day for the Information Technology sector.

Hut 8 Mining Corp has been trading between a 52-week high of $16.57 and a 52-week low of $1.27. The stock has a market cap of $399 Million.

Hut 8 is one of North America’s largest innovation-focused digital asset miners, supporting open and decentralized systems since 2018. Located in energy rich Alberta, Canada, Hut 8 has one of the highest installed capacity rates in the industry and holds more self-mined Bitcoin than any crypto miner or publicly traded company globally. Hut 8 is executing on its commitment to mining and holding Bitcoin and has a diversified business and revenue strategy to grow and protect shareholder value regardless of Bitcoin’s market direction.

A Quick Glance At Hut 8 Mining Corp. (NASDAQ: HUT) Stock: It Is up 42.79% From Its 52-Week Low; YTD, It Is Down -71.72 Percent
Marketing Sentinel 08-25-22

These Numbers Reveal How Powerful Hut 8 Mining Corp. (NASDAQ: HUT) Stock Is
Stocks Register 08-23-22

Hut 8 Mining enters partnership with Zenlayer
Seeking Alpha 08-23-22

Hut 8 Mining Corp: Hut 8 partners with Zenlayer to bring on-demand high-performance computing to Web 3.0 and blockchain customers
Finanz Nachrichten 08-23-22

Shares Of Hut 8 Mining Corp. (NASDAQ: HUT) Could Show A Loss Of -115.52%
Marketing Sentinel 08-22-22


As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

Agitated-Savings-229 - 4 upvotes - source
Except he took a 200k loan so he's negative 100k.. but still probably better than most Americans. 500K in Jepi you are making about 40K a year, not bad if you live in a hut in Nicaragua hiding from the bank.

FishnMagician - 1 upvotes - source
Pizza hut does that to me, even with medication

saywhutwhutinthewhut - -4 upvotes - source
Notta italian, butta eye dida visit di ope behinda da pizza hut. I canna confirm. He sucka me hard. Meye pipi stilla hurts you son of a bitch