Hut 8 Corp. has reported $80.7 million in crypto revenue, increasing its Bitcoin reserve to 10,171 BTC while expanding its mining capacity through a $125 million deal with Bitmain.
Hut 8 achieves $331M net income in 2024, expanding AI infrastructure.
Riot Platforms appoints Jaime Leverton to explore AI integration in Bitcoin mining.
Riot appoints former Hut 8 CEO to board amidst AI exploration.
Riot Blockchain appoints Jaime Leverton, former CEO of Hut 8, to its board, bringing expertise in transitioning BTC mining to AI.
Hut 8's CEO, Asher Genoot, reveals the company's plan to blend energy and technology, focusing on Bitcoin and AI innovation. Bitcoin's surge past $100k marks a promising future for the sector.
Trump's election win boosts Bitcoin by 47%, but potential Fed actions could stall its rise. Predictions suggest a positive start to January followed by a slight dip before inflation data. Institutional interest grows, with $908M ETF inflows and major firms increasing BTC reserves.
MARA Holdings CEO Fred Thiel recommends an "invest and forget" approach for Bitcoin, highlighting its strong historical performance. Despite BTC's high risk, Thiel sees potential growth catalysts in 2025. He cites institutional involvement and retail enthusiasm as drivers for BTC’s future success.
Metaplanet ramps up its Bitcoin strategy, purchasing 619.7 BTC for $61 million, pushing its total to 1,762 BTC. The firm, dubbed 'Asia’s MicroStrategy,' continues its aggressive BTC buying despite the market downturn, showing belief in Bitcoin's long-term value.
Bitcoin plunges below $100,000, sparking a market-wide sell-off. Mining giants MARA and Hut 8 boost reserves, while El Salvador aligns with IMF-driven Bitcoin policies.
Hut 8 Mining just bought $100 million more Bitcoin, pushing their stash over $1 billion. They're really into Bitcoin as their main reserve asset.
Hut 8's Bitcoin stash just hit over $1 billion after buying 990 BTC for $100M! Despite Bitcoin's rollercoaster prices, they plan to keep beefing up their reserve. CEO says it's a smart move for growth and shareholder profit. Hut 8 now ranks in the top ten Bitcoin-holding companies! 🚀
Bitcoin miners MARA and Hut 8 ramp up reserves with $500 million purchases amidst market swings.
MARA and Hut 8, two major Bitcoin miners, pumped up their BTC holdings by splashing $500M together. They're serious about stacking up their reserves.
Bitcoin miners, including MARA and Hut 8, are buying large amounts of Bitcoin to build their reserves, spending millions in the process.
US Bitcoin mining giants, MARA and Hut 8, bought $2 billion in BTC during a market dip. This massive buy could spark a BTC rally.
Hut 8 just bought $100M in Bitcoin, reaching a $1B reserve milestone, boosting market optimism despite ongoing gloom.
Hut 8 Mining now boasts a Bitcoin reserve worth over $1 billion, thanks to a recent purchase of 990 BTC totaling $100 million. This strategic acquisition underlines their prominence in North America's Bitcoin mining scene.
Hut 8 just dropped $100 million on 990 Bitcoin, boosting their crypto stash big time. This move highlights the rising interest from big players in the cryptocurrency space.
Hut 8 just bought 990 Bitcoin for $100 million, pushing its total crypto stash above $1 billion. This highlights growing institutional interest in Bitcoin.
Bitcoin miner Hut 8 boosts their stash by purchasing 968 BTC, now totaling $1B.
HUT shares rose over 11.75% pre-market, reaching nearly $30, amid social media speculation about a partnership with Meta.
Hut 8 launches a $750 million plan to create a strategic Bitcoin reserve, including a $500 million ATM program and a $250 million stock buyback. This move aims to strengthen financial flexibility and growth potential, amidst a growing trend of crypto adoption among firms.
Hut 8 Mining plans a $250 million stock buyback to enhance its Bitcoin reserves through share repurchases and sales.
Hut 8's $500 million stock repurchase program showcases its strategic approach in the crypto market, enhancing operational capacity.
Hut 8 announced a stock repurchase program to raise up to $500 million, aimed at purchasing Bitcoin as a strategic reserve asset. The company's stock surged nearly 8% after the announcement.
Hut 8 plans to raise $500 million by selling common stock to purchase more Bitcoin and strengthen reserves.
Hut 8 plans to raise $500 million through common stock sales to enhance its Bitcoin reserves via strategic acquisitions.
Hut 8, a major Bitcoin miner, plans to raise $500 million by selling common stock to expand its Bitcoin reserves. This strategic move emphasizes Hut 8's commitment to its BTC acquisition strategy.
Hut 8 launches a $500M ATM program to expand digital infrastructure and Bitcoin reserves, along with a $250M stock buyback plan to enhance shareholder value amid market volatility.
Hut 8 announces a $500 million Bitcoin mining initiative and a $250 million share repurchase program, signaling its robust growth plans.
Bitcoin miner Hut 8 seeks dismissal of a shareholder lawsuit, claiming it arose from a short seller's financial interests.
