Never shared this publicly, but I’ve been a major shareholder in HUT8 (below the 5% disclosure threshold) since the USBTC days. My original cost basis is $3.56 per share, and I’ve never sold a single share.
@ashergenoot and
@mikehomkh are building what I believe will be a 100B+ company and have largely flown under the radar despite being world class operators.
Watching them take the company from a few servers in a Niagara Falls warehouse in 2021 (where I literally had Asher hop on FaceTime video to show me the warehouse actually existed) to $27B in contractual cash flow from the most credit worthy companies in the world has been remarkable. I’m proud to be a part of their journey.
I first met Asher in an unlikely way, through my childhood friend
@broukhim, who was his professor, and my brother
@tylermateen, who went to USC with him.
Keep an eye on this company. I believe there is a lot more to come.