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Hut 8 Mining Corp has significantly increased its Bitcoin holdings, acquiring an additional 990 Bitcoin for approximately $100 million. This purchase raises Hut 8's total Bitcoin reserves to 10,096 Bitcoin, contributing to their overall Bitcoin assets exceeding $1 billion. The company, along with Marathon Digital Holdings, has been active in the market, collectively purchasing $1.6 billion worth of Bitcoin during a recent market dip.
BREAKING: Hut 8 has acquiring 990 Bitcoin for roughly $100 million
INSIGHT 📈 Marathon and Hut 8 scoop up $1.6 billion worth of Bitcoin during market dip https://t.co/zvt9kUveCN
Hut 8 has acquired 990 more $BTC for around $100M to bring their holdings to 10,096 bitcoin. https://t.co/Tni568NrSI