Wu Blockchain (@WuBlockchain): Bitcoin mining company Hut 8 announced that it purchased 990 bitcoins at an average price of $101,710 per bitcoin, with a total amount of approximatel…
Estimated coin impact
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Bitcoin mining company Hut 8 announced that it purchased 990 bitcoins at an average price of $101,710 per bitcoin, with a total amount of approximately $100 million, bringing its bitcoin reserves to 10,096 bitcoins with a market value of approximately $1 billion, ranking among the top ten companies in the world in terms of bitcoin holdings. These bitcoin reserves will be flexibly managed through option strategies, staking or sales, and plans to continue to look for opportunities to increase holdings in the market. coindesk.com/business/2024/…