2024-03-19 19:25:29 ET
Summary
- HUT 8 Corp has experienced significant developments since its merger with US Bitcoin Corp.
- The dismissal of CEO Jaime Leverton and the appointment of Asher Genoot as the new CEO raised concerns about the company's strategic direction and governance.
- Despite the uncertainties, HUT HODLing stack of 9,000 BTC mitigates against downside risk.
- Selling Put Options provide attractive yield especially before the halving event.
A Follow Up
I am writing this as a follow-up to my previous article on HUT 8 Corp ( HUT ) (HUT:CA) published on Seeking Alpha on 11 Dec 2023....
Read the full article on Seeking Alpha
For further details see:
From Bull To Bear: Recent Events Drove Me To Exit My Position In HUT 8