Finance
Hut 8 Increases Bitcoin-Backed Loan with Coinbase to $130M at New Rate
Hut 8 has boosted its bitcoin-backed loan from Coinbase by an additional $65 million and secured a fixed interest rate of 9% to facilitate expansion efforts.
Crypto
American Bitcoin, Backed by Trump Family, Set to Go Public Through Gryphon Digital Merger
Shares of Gryphon and Hut 8 experience significant pre-market gains as American Bitcoin prepares for its public listing.
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.
