Hut 8
Bitcoin Miner Hut 8 Jumps 15%, Leading Sector Higher After Inking 5-Year Energy Supply Deal
The pact with the Ontario Independent Electricity System Operator will provide HUT a steady income stream and help address Ontario’s projected electricity demand growth.
American Bitcoin, Backed by Eric and Donald Trump Jr, Pulls In $220M to Accumulate BTC
The company said $10 million of the total amount raised came in the form of bitcoin, at a rate of $104,000 per BTC.
Hut 8 Doubles Bitcoin-Backed Loan With Coinbase to $130M, Locks in Lower Rate
The amended facility adds $65 million in capital availability and trimmed the interest rate to 9%.
Trump Family-Backed American Bitcoin to Go Public via Merger With Gryphon Digital
Pre-market spikes follow news of strategic stock-for-stock transaction.
Hut 8 Reports $331M Net Income in 2024 While Expanding AI Infrastructure
The bitcoin miner held over 10,000 bitcoin at the end of last year.
Bitcoin Miner Hut 8 Buys $100M BTC Boosting Total Total Stash to $1B
The miner bought about 990 bitcoin for average price of around $101,710 each.
Hut 8 Rises 12% Pre-Market Amid Social-Media Talk of Partnership With Meta
HUT shares climbed to just under $30 as of 10:00 UTC, over 11.75% higher than its Wednesday closing price of $26.69.
Hut 8 Upgraded to Buy, Risk Reward Is to the Upside: H.C. Wainwright
The company has the capital and the infrastructure to buy and deploy the latest generation of mining rigs at a favourable time, the report said.
Hut 8 Receives $150M Investment as Thirst for Energy Brings AI Firms to Bitcoin Miners
The funding came from Coatue Management, which is also an investor in CoreWeave, a cloud-computing firm looking to take over miner Core Scientific.
Australia Moves on a Spot Bitcoin ETF; Franklin Templeton on Bitcoin NFTs
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as Australia-based Monochrome Asset Management announced their application for a spot bitcoin (BTC) exchange traded fund. Plus, the state of bitcoin miner Hut 8 (HUT) after its merger with US Bitcoin Corp. (USBTC) And a new report from Franklin Templeton on Bitcoin NFTs.
