Analysts reiterate ‘buy’ rating as Hut 8 inks $125m deal

2024-9-20 16:35

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…

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deal hut major analysts move positively annually

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Источник: btcmanager.com

deal hut → Результатов: 7

Hut 8 expands mining operations with power deal in West Texas

Hut 8 secured a purchase agreement for 205 megawatts of power and land in West Texas, expanding its energy infrastructure to about 1.3 gigawatts of capacity.

2024-7-10 21:00
west texas hut power expanding capacity land

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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 with peer USBTC.

2023-6-27 18:13	lending
closing million deal shortly another peer usbtc

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Hut 8 in Deal to Become 100% Self-Mining Company

The digital asset miner will buy out all hosted rigs at its Medicine Hat mining facility in Alberta.

2022-4-20 17:18	Business
rigs hosted all out medicine alberta facility

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Hut 8’s Data Center Deal Will Set It Apart From Peers, Analyst Says

Hut 8 closed on its C$30 million purchase of 5 of TeraGo’s Candadian data centers on January 31.

2022-3-18 18:40	Business
hut data million purchase terago january centers

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Crypto Miner Hut 8 Teams Up With Enthusiast Gaming for Multi-Year Partnership

The deal will enable Hut 8 to reach Enthusiast Gaming’s 300 million-strong audience and provide data center hosting.

2022-3-3 16:22	Business
gaming hut enthusiast million-strong reach audience data

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From 0 to $63k: Satoshi-era wallet moves $16m worth of BTC mined in 2009

A long-dormant wallet, inactive since 2009, moved 250 BTC on Sept. 20, offering a rare look into the activities of a whale from the earliest days of Satoshi-era mining on desktop computers. The transfer of “Satoshi era” Bitcoin (BTC) refer…

Hut 8 deepens Bitmain partnership with launch of new ASIC miner in 2025

Bitcoin miner Hut 8 is expanding its partnership with Bitmain to introduce a new ASIC miner with direct liquid-to-chip cooling, set to deploy in Q2 2025. Miami-headquartered crypto mining firm Hut 8 has expanded its partnership with Bitmain, announcing the…

Bhutan, Tiny Country With $3B GDP, Holds Over $780M in Bitcoin

Bhutan’s state-owned Druk Holdings touts digital assets as one of its focus investment groups.

Bhutan fourth largest Bitcoin holder among countries with 13,029 BTC stash

The Royal Government of Bhutan holds 13,029 Bitcoin (BTC), worth roughly $755 million at current prices, according to on-chain data gathered by Arkham Intelligence. Additionally, wallets tied to the Himalayan kingdom hold 656.

Bhutan’s Bitcoin mining stash exceeds $750m: Arkham

Bhutan, a country with a population of under one million, ranks as the world’s fourth-largest sovereign Bitcoin owner. According to Arkham, the Kingdom of Bhutan holds over 13,000 Bitcoin (BTC) tokens valued at over $750 million as of Sept. 16.…

Bhutan’s Bitcoin Holdings Revealed: Kingdom Owns $780M in BTC from Mining

Bhutan’s growing Bitcoin empire revealed, with over $780 million in BTC acquired through extensive mining operations powered by the nation’s renewable energy resources.