HUT

The_AMD_Guy

HUT 8 not had a red day in like 2 weeks

Affectionate_Owl5842

HUT is the play

Brubiu

Man, if only I didn't sell my BTC miners during that downturn in April - would be up a cool millie' by now. Had BITF, HUT, IREN...

Affectionate_Owl5842

What’s so good about fubo? I got out of it last week to buy HUT but it was not a vibe

Channy987

I’m bullish and own WULF, but what sets this apart from any of the other 20 data center plays? I.E NBIS, GLXY, HUT, IREN, APLD

The_AMD_Guy

A lot of money to be made with bitcoin miners who are converting to AI HPC. I am going with HUT 8 but there are so many promising options. I wish you luck.

InverseTheReverse

$BITF $HUT both about to ripp

Informal_Trip9166

It's always some stock that, like this one, already popped 210% in three months, so I never buy it because of that and just add it to my watchlist and think everyday "maybe I should buy it", but I prefer to watch it everyday going until it's 1500% up. Happened with OPEN, RZLV, RCAT, ONDS, HUT, PL... the only shit I bought (weed stocks) tanked 30-40-50% after I purchased it

Brubiu

always counter trade me bought google leaps when trading at 150 - sold early bought reddit at 90 during tariff fiasco - sold early had IREN, HUT etc during tariff lows - sold early ama

The_AMD_Guy

HUT 8 going to be the next company to announce a big AI HPC deal. 1000 MW data centre in Louisiana is being built with Phase 1 being completed by the end of the year. A lot of money about to be made from bitcoin miners converting to AI HPC. Bitcoin mining is a dying business and these companies have be silently acquiring energy infrastructure and are pivoting to a more reliable and stable income source.

myp0wa

So, APLD or HUT now?

victorious_sun

It is not a zero sum industry. As you can see today with the Nebius and Google deal, and previously with Terrawulf and Google, or CoreScientific and CoreWeave, a rising tide lifts all boats. Here is DD on the 4 datacenter projects that HUT 8 is working on bringing to market. [https://www.reddit.com/r/hut8/comments/1nbmsnl/deep\_dive\_into\_hut\_8s\_four\_new\_sites\_megathread/](https://www.reddit.com/r/hut8/comments/1nbmsnl/deep_dive_into_hut_8s_four_new_sites_megathread/)

Channy987

Do you have some DD on this? Why HUT 8 and not some other data center?

victorious_sun

By EOY. [$HUT](https://x.com/search?q=%24HUT&src=cashtag_click) is AHEAD OF SCHEDULE on their $12.5B, 1GW (upsized from initial 300MW) campus on 592 acres in Lousiana. Phase one targeted completion is Q4 2025, we have 3 weeks left in Q3!! IMO, the outcome is so predictable and simultaneously, inevitable. [1012industryreport.com/projects/hut-8-breaks-ground-on-massive-data-center-north-of-baton-rouge/](http://1012industryreport.com/projects/hut-8-breaks-ground-on-massive-data-center-north-of-baton-rouge/)

Dismal_Act_2457

Let’s go! Next week should be great with 98% chance of an interest rate cut. Any crypto stock should soar but I feel good about ABTC’s $2bil valuation with their mining capacity with HUT 8

alter3d

There's a subset of a sector that's super interesting right now -- Bitcoin miners that are/could shift into running AI workloads. One of the big limiting factors in running AI right now is availability of power -- the new ChatGPT 5 is estimated to use [45 GWh per day](https://www.tomshardware.com/tech-industry/artificial-intelligence/chatgpt-5-power-consumption-could-be-as-much-as-eight-times-higher-than-gpt-4-research-institute-estimates-medium-sized-gpt-5-response-can-consume-up-to-40-watt-hours-of-electricity), or an average of 1.8 GW instantaneous draw. The pipeline to get secured grid power is long (can be YEARS), and buying all the high-voltage transformers, etc, to build your on-site substations also have long lead times (18+ months). There are a number of companies that are currently valued as pure-play Bitcoin miners, but they have already-secured deals for land, power and network sufficient to handle upcoming AI workloads, and many of them can rapidly convert their existing data centers from mining to AI. IREN, for example, has 3 GW of committed power capacity in their pipeline, coming online in the next year or so, and as of last week they're an NVIDIA Preferred Partner and have just ordered enough of the new Blackwell GPUs to bring their fleet up to 10.8K GPUs by December, with capacity to handle around 80K GPUs in their current and soon-to-be-ready datacenters. IREN has popped a LOT recently, but IMHO it's still significantly undervalued. Their P/E is still using a multiple for a pure BTC mining, and not the multiples seen in datacenters/AI/HPC; a re-rate is almost certain when the market wakes up to where IREN is shifting their workloads. There are a number of other players in this space as well; BITF, WULF, CLSK, HIVE, HUT, MARA, etc. (Disclaimer/position: (very) long IREN, looking for a good entry point on BITF and WULF, maybe CLSK too)

The_AMD_Guy

Bitcoin mining is a dying business and HUT know that. Many bitcoin miners are pivoting to AI / HPC data centres. HUT currently are building a 1000 MW Data Centre in Texas and another one in Louisiana which is going to be 300mw initially which will be upgradable to 1000mw. Look at the deals being signed in the Sector, $Corz signed a multi billion deals worth $8.7B over several years with Coreweave, Terawulf also just signed a big deal. Private equity company Coatue also recently invested into HUT and they want them to go all in on AI HPC, this separation from the mining business and energy infrastructure also means that HUT 8 shares will not be diluted to fund EH/S growth or bitcoin accumulation. I love this since I am extremely bullish on the AI HPC side compared to the Bitcoin side. Also the numbers you are using for the share count are plain wrong. Ticker has already updated and there are 908,588,140 shares. Marketcap at $7.3B, Still extremely overpriced but not $25b lmao. They did a private raise with the Winklevoss twins around $1B, I expect the true value around $1B-$1.5B

ComposedStudent

Why would HUT 8 give away part of its business, if it was so successful? In FYE 2024, Hut 8 made 331 Million Dollars or about 82 Million Dollars of profit each quarter. The transaction completed was so complicated and pointless. After everything is settled, the only major asset owned, would be Hut 8's mining operation. How does the future energy infrastructure business justify the the valuation given to ABTC? When the stock ticker updates, Gryphon Digital Mining Inc will be diluted and control a 2 percent stake of the new company. 72 Million Shares will go to pre-existing shareholders. The share count is going to increase to 3.2 Billion shares in this reverse merger transaction. The other 98% of the company or 3.2 billions shares will be owned by a combination of the Trump Brothers, Hut 8, and Dominari Holdings. 3.2 Billion shares times the closing price of $8.04 equals about 25 Billion. That is the new market cap of ABTC. 25 Billion. The Trump Brand is not worth billions :/ This is a scam.

The_AMD_Guy

ABTC is crazy overpriced. HUT is the play is you want exposure. Hut owns 64% stake in ABTC. At the current valuation its stake is worth more than HUTs entire market cap. HUT also has $1b on balance sheet and a high potential energy infrastructure business. ABTC is 10x overpriced only due to Trump name.

The_AMD_Guy

American Bitcoin $ABTC , new bitcoin miner collab from Eric Trump and HUT 8 going wild right now. Up 80%

Emilio___Molestevez

$IREN $CIFR $BITF $HUT all of these companies set up to for BTC mining infrastructure will synergize to AI datacenter infrastructure and 5x from here just so you guys know

The_AMD_Guy

$HUT is going to moon this week. It's subsidiary ABTC is going public at market close today through a reverse merger with $GRYP, currently with an implied value of $7B. HUT 8 has 64% stake in it which is valued at $4.5B and HUT's current market is only $2.8B with $1B of BTC on balance sheet. I am expecting HUT to rise and GRYP to fall. ABTC is a partnership is Trump's sons. With $DJT being the most overpriced stock on the market, I think it has the potential to run to a bonkers valuation due to the Trump connection. Should be a fun watch for the next week.

FeedbackFinance

For the curious among us who can read, this is the [8k](https://app.askedgar.io/filing?ticker=GRYP&filingUrl=https%3A%2F%2Fwww.sec.gov/Archives/edgar/data/1755953/000121390025082561/ea0254580-8k_gryphon.htm&formType=8-K). End of trading Tuesday, $GRYP performs a 5:1 reverse split and becomes $ABTC. The next day (Wednesday September 3rd) it trades on Nasdaq. No options available and hard to borrow. Very little time here for market makers to react, and I suspect that was the plan all along. Any gains on $ABTC won't translate 1:1 to HUT, but the nature of the deal was so absurdly favorable to $HUT shareholders and $ABTC insiders that the repricing will be substantial.

FeedbackFinance

GRYP popped despite my belief that it was about to get rekt... what this means for $HUT as parent company upon $GRYP reverse merger to $ABTC is weird. Could more than double the market cap overnight... the math still isn't mathing.  Still sitting in 100k of long sept 25s and 50k in shares.

vF101

Finally some YOLOS worth posting.. good luck hard. HUT8 OUT

CardiologistIll7271

lets go HUT

FeedbackFinance

HUT Roth YOLO up 100k, bagged 200/500 contracts for 50k yesterday for sanity but still room to run here past 30. $ABTC reverse merger full speed ahead.

FeedbackFinance

$HUT still printing with $ABTC reverse merger now approved. Position up 85k since open, depending on the initial ABTC valuation there's room to run past $30 here net week...

Background_Loan6023

HUT Just announced 4 new data centers for 1.5GW capacity and they are moving their bitcoin mining operations to ABTC in the upcoming week. Price target was upped to $36 by Palmer, its trading at $26.50 rn.

FeedbackFinance

I'm very much considering swinging my HUT YOLO gains into this and continuing to scalp the bitcoin miner to HPC transformation play.

Regardedcontrarianx

Gryp (abtc) vote today. Once abtc merger confirmed with this vote HUT will at least double. Giving you guys a heads up for HUT

FeedbackFinance

2x'd (70k+) on [my HUT YOLO](https://www.reddit.com/r/wallstreetbets/comments/1n00uv5/hut8_yolo_drifting_the_abtc_subsidiary_listing/) today and booked 60k/200 contracts of it. 80k to let it ride here for the real fireworks. Nice.

kavad12

HUT8 is extremely undervalued , we are going to witness HUT8 2.0 in terms of share price and new announcements after the 27th of this month. Good luck to all HUT8 shareholders.

FeedbackFinance

YOLO Update: $HUT position now up 65k today.

Background_Loan6023

I take of my HUT to you, HUT8 DD guy u/FeedbackFinance

Regardedcontrarianx

HUT will at least double in the next 2 weeks. Get in now

The_AMD_Guy

Generational wealth to be made with HUT 8 in the next 2 months

The_AMD_Guy

!banbet HUT +30% 4w

FeedbackFinance

Look for the next BTC miner to convert to HPC/pop with a hyperscaler. I am playing HUT8 at the moment then MARA and BITF are what I am looking at next.

FeedbackFinance

My [$HUT yolo](https://www.reddit.com/r/wallstreetbets/comments/1n00uv5/hut8_yolo_drifting_the_abtc_subsidiary_listing/) up 20k at open today, solid uptick on new campus [1.5GW expansion announcement](https://financialpost.com/globe-newswire/hut-8-announces-plans-to-develop-four-new-sites-with-more-than-1-5-gw-of-total-capacity) this morn. Just an unexpected appetizer since ABTC listing comes end of week or after labor day. Nice.

Few-Equivalent8261

HUT is extremely underrated. 

The_AMD_Guy

I'm all in on HUT. 18k shares. The valuation seems insane. They have 50% of the market cap in BTC. They have a 65% stake in ABTC which recently did a private raise at a $1B+ valuation. ABTC going public through a reverse merger of already public GRYP. GRYP will get 2% of ABTC while sitting at a $115m valuation. $115m x 50 = $5.7B implied value. Which is fucking nuts and massively overvalued. May be down to low volume or low market cap or maybe because the Trumps are involved and the most overpriced stock on the market is $DJT. Either way I think $GRYP tanks after conversion. HUT 8 team are genius for this plan of splitting the Infrastructure and Bitcoin mining business. They do not have to dilute people bullish on the Energy Infrastructure / AI data centre side of the business and can raise money to buy new mining equipment by selling insanely overpriced shares to Trumptards. I grow more and more confident everyday. Maybe I am a fucking idiot and I am missing something because this seems a sure bet to me.

Titsona-Bullmoose

I think their recent performance in spite of BTC the past few days should say all you need to know. It would appear insiders know what’s up. As soon as that WULF contract was announced HUT algos immediately flipped bullish. I’m a sicko I watch this stock on the 1 min chart everyday for the past 2.5 years 🤣

FeedbackFinance

1. Yes, obviously regarded. 2. That would only be true if ABTC was 100% owned by HUT. How they plan to use it from everything I've read is to have ABTC tenant their infra where excess capacity exists in data centers. 

Titsona-Bullmoose

Their River Bend site in Louisiana has a handshake deal with a large hyperscaler but the only reason it has not been announced is because the potential tenant wants to upscale the site from 300MW to 1GW so HUT is working with Entergy on the details of this expansion. This IMO is a much bigger catalyst than ABTC considering what WULF’s recent 200MW contract netted them in gains. 18% short interest doesn’t hurt either 😉

throwaway2676

>What's more, ABTC is set to buy more mining infrastructure and capacity from HUT exclusively. Hut8 will also handle many of the operations elements like HR etc. This all creates a built in revenue stream for the parent company. Lol, are you retarded? Buying something from yourself is not a revenue stream. Based on what you've written, the only question that matters here is whether HUT will succeed in the data center space. And the answer to that question depends on the quality of their HPC/AI infrastructure.

usugarbage

Also HUT. Similar story as IREN and WULF.

MrMcjibblets1990

Thank baby jesus I had some SPY puts to manage the HEMMERAGING of HUT. Hot damn she's taking a beating today.

MrMcjibblets1990

HUT, what you doing baby?? -8%. Like DAMN

WarmProperty9439

* Invest in HUT or am I regarded?

MrMcjibblets1990

Was waiting to see if HUT could get through $24. Confirmed. Next stop, $30

FeedbackFinance

Nice! I like BITF too, I actually may parlay some HUT gains post ABTC listing into it. Will follow and watch your plays in the space, would love to hear any DD you've done or are working through!

PookieMan1989

I like $HUT, but believe it or not I think $BITF is gonna be the next big runner. Has had the shit kicked out of it for a long time. Has been criticized for a long time for being slow moving and boring but that’s because the CEO is very forward looking.

FeedbackFinance

Thoughts re $HUT?

WSSquab

I have the same insight but with Hut 8 (HUT) and Bitfarms (BITF) both pivoting from BTC mining to HPC/AI. Looks promising.

JohnnyStrides

My TFSA (tax-free account) is maxed out in mostly ETFs as is the RRSP. In my non-registered account I'm holding the following, my PNG (Kraken Robotics) stake is only so high because I'm up 6x on it but think it has a ton of life left. GRA is a possible homerun pick but I'm prepared to also watch it bleed out. I also had a big gain with HUT and sold off some and am hoping it picks up soon with crypto looking like a possible bull-run. The XGRO (XEQT is one of my main long-term ETFs) is merely where I keep some funds parked for a quick sale and to buy up dips in my other stocks, or if I take profits I move it into that. If we end up in a bear market I'll switch that to a HISA ETF. PNG - 40.60% XGRO - 14.42% HUT - 12.83% AMD (CDR) - 9.06% ASML - 5.63% BBAI - 5.52% SOFI - 3.91% GRA - 3.37% FUBO - 3.29%

FeedbackFinance

HUT tomorrow could be big on ABTC spinoff news plus any forward looking guidance re datacenter hyperscaler partnerships.

MrMcjibblets1990

HUT was a bad idea....

FeedbackFinance

$HUT (Hut8) should pop if not on earnings then on ABTC listing via GRYP merger. Considering a post on my 100k yolo there.

Gloomy_MTTime420

I love the downvotes. Epic. Apparently nobody understands tech, fiat currencies, economic policy, and “energy transformation laws”. That’s okay. But if you read the GENIUS Act, then what about the merger with $HUT, American Data Centers Inc, World Liberty Financial, Changpeng Zhao or CZ formerly of Binance, CZ and Justin Sun (who now owns $SRM/$TRON), $GRYP, and American Bitcoin Corp? Anyone want to touch that one? No, how about the BoD of $UMAC or $PSQH? Okay, see ya’ll on the flip side.

BykSlawMcGraw

$HUT October Calls.

Wild-Presentation295

Still well under $26 which is where it was in November. Others like IREN, HUT, CIFR are back up to well over those levels already

Wild-Presentation295

I own MARA, CLSK, CIFR, WULF, BITF, HUT, IREN, HIVE, CORZ and RIOT :) Yes I buy different calls with different strikes and maturities - I find the valuations aren't always linear so I spread out a bit

mrfartytickles

CLOV WILL HUT 5$ today

Gloomy_MTTime420

I don’t care about $HUT. Re-read my comment and if you don’t have anything to add, I don’t want to entertain sill thoughts on $HUT.

Gloomy_MTTime420

No position on $HUT.

Gloomy_MTTime420

Well… does **ANYONE** want to touch the huge F$cking elephant in the room? We need to start a rhyme…this is going very bad for us retail traders. Just watched Dumb Money again about $GME and Keith Gill. Everyone should probably go watch that again to be reminded how bad this can go for us… Anyhow, are we going to discuss what’s up with $HUT, American Data Centers Inc, World Liberty Financial, Changpeng Zhao or CZ formerly of Binance, CZ and Justin Sun (who now owns $SRM/$TRON), $GRYP, and American Bitcoin Corp?

FeedbackFinance

Check your DM's brother. Pulled the trigger on my position there so here's hoping HUT pumps hard.

FeedbackFinance

Day one of my $100k HUT play in my Roth. 100 OCT 17 $20's and 200 $25's. ABTC listing will create some wild price action on HUT. Drift the Grift.

The_AMD_Guy

I'm betting on the bitcoin miners which are pivoting due to the demand in AI data centres. HUT 8, Corz and Iren etc. There is going to be a lot of demand for AI data centres which require a lot of energy and these bitcoin miners have been gobbling up power the last few years.

general-meow

HUT has exposure to Trump Jr and Eric Trump for the grift trade

FeedbackFinance

Considering a 'drift the grift' play with 100k call bet on Hut8 with American Bitcoin subsidiary listing soon... ABTC will be owned 80% by HUT8, while the Trump family stake will be 20% and is more a pound of flesh for deal making and PR than anything else. Also owns 10k btc on their books already. Very tempted.

leomeng

I decided to load up on banks (STT, MS) and some RKT. Also got crypto related names (ETHA, HUT). Any scenario where they drop rates will cause dollar to fall. Will make crypto rise. I got SLV calls too

Realistic_Fan_5649

Thoughts on GRYP and HUT8?

leomeng

Did you knuckleheads buy any ETHA BTBT or HUT? Why not? Calls were sweeping heavy

sadmedstudent2022

$HUT could be good too. Trump family backed bitcoin mining company

Such_Region2724

you can't out-HUT the Pizz- oh wait...

NeedTheMunyon

Today I learned $HUT is a bitcoin miner and not pizza huts stock

Regardedcontrarianx

HUT (ABTC). It’s a play on crypto market pumping to allow stablecoins to stabilize the us treasury/prevent yield rising while they need to issue more in q3 and q4. ABTC listing in q3 while crypto pumping and you can get into abtc play before it lists as hut8 has 80% ownership. Trump boys going to pump up abtc once it lists

The_AMD_Guy

HUT 8 is going to moon when $ABTC goes public later this quarter.

the_macagameianut

And OTM crypto flow is through the roof. HOOD calls up to $120, HUT calls $32. MSTR breaking over $400 chop zone. Sure. Buy puts. Been working out great since The Grear 🌮 Pause.

IntrepidFarmer5666

I see no point in buying BTC when I can just buy BTC miners that already transitioned to data center and power generation business  HUT is up so much because their LNG power plants I literally called this stock last night solely because I saw a spike in after hours volume 

the_macagameianut

Love it when a play works out. I’m already up $500 on SOUN and HUT broke out. Momos are fun to chase but finding the lower priced laggards that haven’t ripped but should feels like a cheat code. I think it’ll hit $12 maybe today. It keeps grinding up

the_macagameianut

Same. 0dtes are fun once in a while on clear rally or sell off days but you’re always best 4+ weeks and then add if it moves in your favor. I like the price action. SOUN found relative strength during the QQQs rotation selloff. HUT also worth an eye. But I like SOUN. Not a full port play but again I’ll add today if it’s got volume and movement. Good luck!

Gloomy_MTTime420

Do you think it’s going to be that simple? With the reverse merger from $HUT, the fact they have master colocation agreements with companies like $MIGI as well. You think $GRYP, which has been a solid $.90 stock for months, now ripping to $1.50 AH is going to end up at $.25 when this is all said and done? You do realize that when a company issues stocks it’s for $.0001 (generally), and the “value perceived” when they issue offerings/shares/warrants, etc, are the actual revenues or projections of future revenues, but the initial share price is still $.0001. The underlying shares of $GRYP, that total are “valued” at $1.50 AH are actually $.0001 underneath is all. The same is true for $ABTC and the underlying share value being equal to $.0001.

the_macagameianut

MSTR’s D1 starting at 5/23 ranged from 360-390 until it cleared $400 briefly on Friday. I caught the breakout because the MSTR OTM option flow has been solid and I had an alert set. It’s now back under $390 so it’s a failed breakout. Worth an alert at $400 again. Maybe. At all time highs, you gotta find stocks with room to move still. Pullbacks or strong but haven’t ripped yet. That’s why I’ve been watching IREN, HUT, and SOUN (not crypto but AI). Most of these bounced off other longer term support lines and haven’t ripped her. HUT got close but the market didn’t cooperate today. IREN ripped and then didn’t drop much. Neither is near their ATH yet so I’m watching when the market rotates back to crypto again.

the_macagameianut

I played the small breakout and made money. It looks like it compressed in a long ass D1 chop zone under $400 for a while. I only watched it because I’ve been looking for crypto stocks that haven’t ripped quite as much as CRCL, COIN, etc. hard to say what to make of it as a trade. Probably set an alert an see if it clears $400 again but there’s way more interesting crypto stocks to trade like IREN. Maybe HUT. HUT almost broke out today but I still like it the D1.

IntrepidFarmer5666

So tons of MSTR and similar leveraged ETFs bought after hours combined with CIFR HUT and SMLR means BTC is about to start its next leg up right? I think they are waiting for rate cuts to buy more BTC and they will force them potentially this month all the miners have been pumping for weeks and that ETH microstrat clone went up 1000% in a day along with tons of BTC and ETH being bought by pretty much every one with money  Also seeing lots of XRP and SOL ETFs getting stacked after close 

the_macagameianut

It depends on your time frame and risk comfort but I took a small position (couple of month out calls) in HUT because it’s just breaking out and it’s got room to move before resistance. It also hasn’t run up 20%+ like BBAI today. ATH trading is actually a double edged swords because you need a pullback for stocks (like COIN) who have already run up or you gotta be willing to hold through big drops. That’s my main rationale. Crypto as a sector is bulllish right now and it looks to me like HUT was taking its time to join the party. I’m swinging it for at least a few days. I’ll add if it clears the 19.50 high.

the_macagameianut

Yeah. This is probably a stay away if you didn’t catch the move today. There’s no actual material action yet. I’ll watch it tomorrow but I’d expect “sell the news” even if crypto as a whole is going full regard right now. My main regret is not buying more HUT at close. Need crypto stocks that are just joining the party instead of buying COIN at the ATH and wondering which dip doesn’t stop until $330 again.

sicknutz

Found this stuff about CLBR looking into a trade on GRYP. It's not exactly the same but it's similar. "By Q3", GRYP will change its ticker to ABTC (american bitcoin...Eric Trumps version of microstrategy created from Saylor's recommendation). HUT 8, a infra company for cryptocurrencies will retain 98% of ABTC once it goes public. There's no options on GRYP, no timeline for when it will trade as ABTC. You can trade options on HUT, but there's a much larger float. I have been scalping GRYP and trying to lock in on the bigger play for closer to when ABTC is listed.

sicknutz

What about the other trump play (HUT/GRYP -> ABTC)? Too soon?

The_AMD_Guy

Pretty much all in with HUT 8 currently. Don't have Mara but was tempted when they were getting close to deep value territory a couple months ago when their Nav was almost 1x.

whyshw

HUT dang!

yolotopbuyerr

I support this message- I have 25k in IBIT 10k in ETHA and 25k in HUT/CORZ miners.

Regardedcontrarianx

If you want cad miner should buy HUT. Corruption happening anyways whether you like it or not so join trump backed miner

Regardedcontrarianx

Bet on corrupted America. HUT backed by mango juniors. If country gonna go down and they trying to make us all poor, you have to somehow just join their party and try to make enough $$$ to survive. HUT

OwlMaterial4968

It was! But I’m pretty sure it was just a fluke. The bid ask spread was super wide the entire time on $12.5 strike puts on HUT. Who knows, maybe I could’ve actually sold during the spike. I don’t think it would’ve went through though. Also I was asleep during the spike☠️ It happened right at market open.

backcountryJ

Bought many calls. TSM, NVDA, HUT, COIN, IBIT, CRWV

BVVanceRefrigeration

It’s going to run hard as fuk. But if you’re playing btc miners, play something with sky high short interest like WULF or CLSK or a smaller float like HUT. It’s definitely going to underperform other miners in this run.