Section 1.0: Hut 8 Mining Corp. (‘Sell’ at current market price of USD 1.97 as on July 18, 2022, at 09:12 AM PDT)

 2.2 Valuation and Technical Guidance

Note 1: The reference data in this report has been partly sourced from REFINITIV

Note 2: Investment decisions should be made depending on the investors’ appetite for upside potential, risks, holding duration, and any previous holdings. Investors can consider exiting from the stock if the Target Price mentioned as per the analysis has been achieved and subject to the factors discussed above.

Note 3: The report publishing date is as per the Pacific Time Zone.