Hut 8 Maintains HODL Strategy, Adds 330 BTC To Treasury In July

Hut 8 Maintains HODL Strategy, Adds 330 BTC To Treasury In July

Hut 8 added 330 BTC to its balance sheet in July as it continues to hold 100% of the bitcoin it mines, while most public miners capitulate.Hut 8 Mining produced an additional 330 BTC in the month of July.By the end of the month, the company was operating at 2.9 EH/s and continues to receive monthly shipments of additional miners.The miner currently holds 7,736 BTC on its balance sheet and continues to HODL. Hut 8 Mining Corp. released its bitcoin mining and production update for July showcasing its continued long-term HODL strategy by increasing bitcoin holdings by 330 BTC – valued at....


Related News

Another Week, Another Bitcoin Buy: Strategy Adds 390 BTC

Bitcoin treasury company Strategy has continued its routine of weekly BTC buys with a fresh acquisition worth $43.4 million. Strategy Has Added Another 390 BTC To Its Bitcoin Reserves As announced by Strategy co-founder and chairman Michael Saylor in an X post, the treasury company has made another expansion to its reserves. The latest purchase […]

Strategy Adds 22,337 Bitcoin In $1.57B Purchase, Fifth-Largest In History

Bitcoin treasury firm Strategy has just revealed a new acquisition involving 22,337 BTC, making it the fifth-largest purchase ever by the company. Strategy Has Expanded Bitcoin Treasury With Another $1.57 Billion Buy In a new post on X, Strategy co-founder and chairman Michael Saylor has shared the details related to the latest Bitcoin acquisition completed […]

Strategy Adds 1,031 Bitcoin As Price Remains Below Cost Basis

Bitcoin treasury company Strategy has made a new Bitcoin purchase, adding another $76.6 million worth of the cryptocurrency to its stack. Strategy Has Bought Another 1,031 Bitcoin In a new post on X, Strategy co-founder and chairman Michael Saylor has shared the details related to the latest Bitcoin purchase made by the treasury company. On […]

Strategy Adds To Its Bitcoin Holdings As It Scoops Another 525 BTC

According to a recent 8-K filing with the US Securities and Exchange Commission (SEC), Strategy – formerly known as MicroStrategy – added another 525 Bitcoin (BTC)  to its holdings between September 8 to September 14. Strategy Continues To Bolster Bitcoin Reserves Strategy, the world’s leading Bitcoin treasury firm, strengthened its BTC reserves as it added […]

Ethereum Treasury Companies Still In The Game? Here’s What They’ve Been Up To

Ethereum treasury companies Bitmine and Sharplink continue to advance their ETH strategy amid the current crypto market downtrend. Bitmine, in particular, continues to accumulate ETH at a steady pace, with the company close to its goal of holding 5% of the token’s supply.   Ethereum Treasury Company Bitmine Adds More ETH In a press release, Bitmine […]