“The blatantly obvious challenges facing bitcoin miners are the recent selloff in BTC price and supply chain disruptions and, as expected, the stock price followed bitcoin’s trajectory,” wrote Sutton in a research note on Friday. However, he added, “What isn’t blatantly obvious is the impact HUT’s acquisition of TeraGo’s Data Center business will have on the company’s future.”
Source: https://www.coindesk.com/business/2022/03/18/hut-8s-data-center-deal-will-set-it-apart-from-peers-analyst-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines