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Hut 8 Bitcoin Holdings Now Over $1 Billion With Latest Buy

  • Hut 8, a major North American Bitcoin mining company, has acquired $100 million worth of BTC, pushing its total reserves to over 10,096 BTC, valued at more than $1 billion.
  • The company's strategy combines low-cost BTC production with strategic market buys to maximize returns and strengthen its reserve assets.
  • This acquisition places Hut 8 among the top 10 largest corporate holders of Bitcoin globally.
  • Other Bitcoin mining firms like Marathon Digital Holdings, Riot Blockchain, and CleanSpark are also among the top corporate BTC holders.

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