Bitdeer stated that the agreement represents 'a crucial expansion into Asia' and anticipates initiating fundraising activities later this month.
Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT), ("Hut 8" or the "Company") one of North America's largest, innovation-focused digital asset mining pioneers and high performance computing infrastructure provider, increased its Bitcoin holdings by 330 in the period ending July 31. Hut 8 now has 7,736 Bitcoin in its holdings.
Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT) ("Hut 8" or "the Company"), one of North America's largest, innovation-focused digital asset mining pioneers, supporting open and decentralized systems since 2018, increased its Bitcoin holdings by 328 in the period ending June 30.
The miner has increased its power capacity to 109 megawatts, making Hut 8 the second highest installed capacity Bitcoin miner of the public companies in the Western Hemisphere. Hut 8 is one of Canada's oldest and largest bitcoin miners providing value for investors through low production costs and appreciation of its bitcoin inventory.
4,812.66 BTC of the company's Bitcoin holdings are the result of a purchase the company made in January 2021 for an average price of $31,168 per BTC. The rest are from its mining activities. Today, you can buy shares in the company to get exposure to bitcoin mining and the bitcoin price as well.
On this episode, we're discussing the FTX contagion spreading across the crypto industry and markets, Bitcoin Mining difficulties, ...
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