News with the tag "HUT"

American Bitcoin Corp (ABTC), a cryptocurrency miner majority-owned by Hut 8, acquired 1,726 BTC, increasing its total holdings to 2,130 BTC, signaling strong institutional confidence in Bitcoin's long-term value.

The article discusses the performance of Hut 8 Corp. over the past five months and the author's personal investment positions in cryptocurrency-related assets.

The Winklevoss twins have invested in American Bitcoin Corp., a crypto mining venture tied to Eric Trump and Donald Trump Jr., which aims to go public via a merger with Gryphon Digital Mining Inc.

Hut 8 Corp. reported GAAP profitability for Q2 with an EPS of $1.18, significantly exceeding expectations.

Hut 8 reported a significant Q2 profit of $137.5 million, showcasing strong financial performance and strategic Bitcoin holdings, positioning it as a leader in the crypto mining industry.

The Royal Government of Bhutan transferred 517 Bitcoin (worth approximately $59.23 million) to a Binance-linked wallet, signaling a strategic move in digital asset management and potential government crypto adoption.

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Bitcoin reaches new all-time highs amid favorable macroeconomic conditions, while Ethereum ETPs attract significant investment, impacting Bitcoin's market dominance.

Hut 8 Corp. announced a corporate rebrand with a strategic focus on energy and digital sectors.

Bitcoin has experienced a record-breaking rally, surpassing the $120,000 milestone and doubling in value since July 2024.