Hut 8
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.
Bitcoin Miner Hut 8 Has Larger, More Diversified Business Model Following USBTC Merger: Canaccord
The broker cut its price target to $14 from $17.50 while maintaining its buy rating.
Crypto Stocks Rise as Bitcoin Plows Through $59K for First Time Since 2021
Gains among exchange-traded funds were led by BlackRock's IBIT.
Are the Feds Coming After Bitcoin Miners?
"The Mining Pod" host Will Foxley breaks down recent bitcoin mining news, including movements in BTC price, Hut 8’s leadership change, the EIA seeking energy data and French Montana shilling his latest Bitcoin NFT.
Bitcoin Miner Hut 8 Shares Slide as CEO Departs Weeks After Short-Seller Report
Former CEO Jamie Leverton is succeeded by president Asher Genoot.
Bitcoin Miner Hut 8 Fires Back at Short-Selling Report
Hut 8 Corp. (HUT) shares slid more than 23% on Jan. 18 when short-selling firm JCapital Research said the USBTC merger had the makings of a pump and dump. CoinDesk's Amitoj Singh presents "The Chart of the Day."
Bitcoin Miner Hut 8 Hits Out at Short-Selling Report
Hut's shares slid more than 23% on Jan. 18 when short-selling firm JCapital Research said the USBTC merger had the makings of a pump and dump.
Bitcoin Miner Hut 8 Q3 Net Loss More Than Doubles as Production Slumps
The firm said it mined fewer coins due to a higher network difficulty, operational issues and the suspension of some operations.
Bitcoin Miner Hut 8 Secures Up to $50M in Loans From Coinbase
The first $15 million will be drawn shortly after closing the deal, while another $15 million is conditional on closing a merger.
