Finance
Hut 8 Reports $331 Million in Net Profit for 2024 While Advancing AI Capabilities
The bitcoin mining company reported substantial net income for 2024, leveraging the rising value of bitcoin and strategic expansions in AI infrastructure.
Crypto
Hut 8 Expands Bitcoin Holdings with $100 Million Purchase
Hut 8 has bolstered its Bitcoin reserves by purchasing 990 BTC for a total of $100 million, enhancing its total holdings to about $1 billion.
Business
Hut 8 Shares Surge by 12% Following Speculation of Partnership with Meta
Hut 8's stock saw a significant increase in pre-market trading amid rumors of a collaboration with Meta for a data center project.
