Articles for tag: Bitcoin, Cryptocurrency, Digital Assets, financial growth, Hut 8 Corp, Investment Strategy, North America

December 19, 2024

Hut 8 Achieves Major Milestone: Bitcoin Reserve Exceeds $1 Billion, Strengthening Its Position in the Cryptocurrency Market

Hut 8 Corp., a major player in energy and Bitcoin mining based in Miami, has announced its recent purchase of around 990 Bitcoin for approximately $100 million. This acquisition brings its total Bitcoin reserve to 10,096, valued at over $1 billion, making it one of the largest corporate holders globally. The firm has employed a ...

December 19, 2024

Market News

Crypto

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 ...