Let's Make Money - Stock to Watch - Hut8 (HUT) - Following Bitcoin Higher
HUT8 is moving higher as it is following Bitcoin's rebound.
I really love trading HUT8 as it is cheap way to trade Bitcoin.
Pluses
Earnings are forecast to grow 141.04% per year
Short Term Liabilities: HUT's short term assets (CA$468.1M) exceed its short term liabilities (CA$26.1M).
Long Term Liabilities: HUT's short term assets (CA$468.1M) exceed its long term liabilities (CA$128.7M).
Minuses
Volatile share price over the past 3 months
Shareholders have been diluted in the past year