- Hut 8, one of North America’s largest digital asset miners, has begun construction of a new 63 MW mine in Culberson County, Texas, slated to come online in Q2 2024
- The mine will be funded through a new treasury strategy that allows the company to invest its Bitcoin held in reserve, which stood at a little more than 9,100 coins as of January, representing approximately C$692 million
- Hut 8 offers solutions at the intersection of infrastructure and energy through Bitcoin mining and hosting, managed services, energy arbitrage, traditional data centres, as well as artificial intelligence and machine learning
- Hut 8 stock is up by 10.18 per cent year-over-year, and has added 93.02 per cent since 2019
Hut 8 (TSX:HUT), one of North America’s largest digital asset miners, has begun construction of a new 63 MW mine in Culberson County, Texas, slated to come online in Q2 2024.
The…
