Publicly traded U.S. crypto mining companies doubled their bitcoin holdings last year, taking the total to 92,473 valued at $8.6 billion as of end-December while the price of the largest cryptocurrency rose 120%, according to data from TheMiningMag.

Hut 8 Corp., a North American bitcoin miner, has unveiled plans to enhance its application-specific integrated circuit (ASIC) fleet, aiming for a boost in self-mining efficiency and expanded hashrate capacity by early 2025. Hut 8 Moves to Boost Minin

Hut 8 has announced an upgrade to its ASIC fleet with the purchase of 31,145 Antminer S21+ units at $15 per terahash. North American cryptocurrency mining giant Hut 8 has unveiled plans to upgrade its ASIC fleet with the purchase…

TLDR Hut 8 paid off $38M loan from Anchorage Digital through stock conversion Conversion price was at 51% premium to recent average share price Hut 8 still carries around $290M in debt, including $150M convertible note Company launching GPU-as-a-serv

Hut 8 Corp., one of North America’s largest Bitcoin miners, has announced that Anchorage Digital has converted the remaining $38 million of its outstanding loan into common shares. The conversion was completed at $16.395 per share, representing a 51%

Hut 8's shift to AI and cloud services highlights a broader trend of Bitcoin miners diversifying to mitigate rising operational costs. The post Hut 8 completes pivot to AI market with GPU-as-a-Service launch appeared first on Crypto Briefing.

On Sept. 19, Hut 8 announced a major hosting agreement with Bitmain, aiming to generate $125 million annually. H.C. Wainwright analysts view this move positively as management shifts to offense and carries out a major deal. Under the deal, Hut…

Hut 8 Corp (NASDAQ: HUT) stock fell after mixed Q2 earnings amid an exciting earnings season. Benchmark & Needham maintain Buy ratings. Latest Ratings for HUT DateFirmActionFromTo Nov 2021Canaccor