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0.0050251256281406 0.00301507537688436 -0.00100502512562812 -0.00603015075376889 0.00904522613065325 0.015075376884422 0.0100502512562814 0
Stock impact report

Hut 8 Announces Certification as Authorized MicroBT Repair Centre for Canada

Hut 8 Mining Corp. - Common Shares (HUT) 
Company Research Source: PR Newswire
TORONTO, Sept. 14, 2021 /PRNewswire/ - Hut 8 Mining Corp. (Nasdaq | TSX: HUT) ("Hut 8" or "the Company"), one of North America's largest, innovation-focused digital asset mining pioneers, supporting open and decentralized systems since 2018, is pleased to provide the following corporate update. Hut 8 has achieved a strategic milestone in our relationship with MicroBT, with the execution of a Repair Services Agreement (the "Agreement"). The Agreement allows for Hut 8 to complete in-warranty work on MicroBT miners for all of North America on-site in Medicine Hat, Alberta. This arrangement is expected to provide long term financial benefits and strengthen relations between partners, while supporting a reduction in machine downtime for the Company.Benefits to Hut 8 of this partnership with MicroBT include:Access to replacement machine parts at cost The ability to repair on-site reduces the downtime associated with the repair of miners for Hut 8 as well as our hosting clients; and, Generat Show less Read more
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