Finance News – Hut 8
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ReserveOne to go public via merger, create crypto reserve
The planned merger will enable ReserveOne to access public markets, potentially increasing capital for expansion and establishing a digital asset reserve under the leadership of an...
Read Full Article →Bitcoin Miner Hut 8 Jumps 15%, Leading Sector Higher After Inking 5-Year Energy Supply Deal
Hut 8’s new long-term energy agreement with Ontario’s electricity operator is expected to stabilize operational costs, potentially enhancing profitability and influencing investor...
Read Full Article →Hut 8 Raises $220 Million as Trump-Linked Crypto Projects Forge Deeper Ties With UAE
Hut 8 secured $220 million in funding to support its expansion, including a new Dubai office dedicated to trading, reflecting increased collaboration with cryptocurrency initiative...
Read Full Article →Former Tether, Hut 8, Blackstone execs to launch $1B crypto treasury firm
A team of experienced financial leaders aims to secure $1 billion to establish a publicly accessible investment company focused on managing a varied digital asset portfolio.
Read Full Article →Hut 8 Doubles Bitcoin-Backed Loan With Coinbase to $130M, Locks in Lower Rate
Hut 8 increased its Bitcoin-collateralized credit line with Coinbase by $65 million, enhancing its funding capacity while securing a reduced interest rate of 9% to optimize financi...
Read Full Article →Hut 8 doubles Bitcoin-backed credit line with Coinbase Credit to $130 million, locks fixed rate
Hut 8 has increased its loan facility with Coinbase Credit to $130 million at a fixed interest rate, providing the company with extended access to additional non-dilutive funds thr...
Read Full Article →Trump-linked miner American Bitcoin going public via Gryphon merger
The merger enables the combined entity to access growth capital independently, potentially enhancing operational scale and shareholder value while maintaining strategic control ove...
Read Full Article →Trump-affiliated mining firm American Bitcoin to go public via merger with Gryphon Digital
The merger between the Trump-associated mining company and Gryphon Digital is expected to provide increased capital access and market exposure, potentially enhancing their operatio...
Read Full Article →Bitcoin miner Hut 8 posts $134 million net loss in Q1 as company invests in new strategy
Hut 8's substantial net loss in the first quarter highlights the company’s strategic investment efforts aimed at supporting future growth and development within the cryptocurrency...
Read Full Article →Bitcoin miner Hut 8 grows hashrate 79% despite $134M quarterly loss
Despite reporting a substantial quarterly deficit, Hut 8 has significantly expanded its computing power, reflecting strategic investments aimed at enhancing future operational effi...
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