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Bullboard - Stock Discussion Forum Hut 8 Corp HUT

Alternate Symbol(s):  T.HUT

Technology Software - Application
Hut 8 Corp. is a data mining company. The Company is a vertically integrated operator of large-scale energy infrastructure and bitcoin miner. The Company acquires, designs, builds, manages, and operates data centers that power compute-intensive workloads, such as bitcoin mining, high performance computing, and artificial intelligence (AI). The Company operates through four business segments... see more

NDAQ:HUT - Post Discussion

Hut 8 Corp > Bitfarms purchased 1,000 BTC
View:
Post by zoevans1 on Jan 10, 2022 1:51pm

Bitfarms purchased 1,000 BTC

During the first week of January 2022, Bitfarms purchased 1,000 BTC for US$43.2 million. This increased the BTC holdings 30% to over 4,300 as of January 10, 2022.
 
For reference, 1,000 BTC is roughly equivalent to the amount Bitfarms added to the treasury in the third quarter of 2021 and again in the fourth quarter of 2021.

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Comment by Wickwire on Jan 17, 2022 2:10am
I would say great for Bitfarms... adding to they're BTC tresuary by mining would be too much like HUT and they keep wanting to catch up to HUT so that's the fastest way... and with the price down they got a great deal... I have shares with both Canadian Miners lets keep stacking up those coins!!
Hut 8 Corp
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