Hut 8’s Bitcoin Reserve Exceeds $1 Billion After $100 Million Purchase: A Strategic Move in Cryptocurrency Market
Hut 8 Corp., a major Bitcoin mining and energy infrastructure company, recently announced the purchase of about 990 Bitcoin for around $100 million, averaging approximately $101,710 per Bitcoin. This acquisition brings their total to 10,096 Bitcoin, valued over $1 billion, making Hut 8 one of the world’s top corporate Bitcoin holders. The strategic reserve is ...
