Hut 8 Corp announced on July 2 that its subsidiary, Far North Power Corp, has secured five-year capacity contracts with the Ontario …
Hut
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Mining
How Trump Family, Hut 8, and Tether Fast-Track a New Era of Hyper-Scale Bitcoin Mining
by shayaanby shayaanThe Bitcoin mining industry is on the brink of a major transformation in 2025, with the partnership between the Trump family and …
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Adoption
Former Tether, Hut 8, Blackstone execs to launch $1B crypto treasury firm
by shayaanby shayaanA group of high-profile financial executives, including former Blackstone dealmaker Chinh Chu and Tether co-founder Reeve Collins, are seeking to raise $1 …
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Markets
Hut 8 Doubles Bitcoin-Backed Loan With Coinbase to $130M, Locks in Lower Rate
by shayaanby shayaanBitcoin mining firm Hut 8 (HUT) said on Tuesday that it expanded its bitcoin-backed credit facility with Coinbase Credit to $130 million, …
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Mining
Bitcoin Miner Hut 8 Could Look to Acquire a Hyperscaler, Clear Street Says
by shayaanby shayaanHut 8’s (HUT) new subsidiary, American Bitcoin Corp., a partnership between the mining company and the Trump family, could be spun out, …
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Mining
Trump’s sons join forces with Hut 8 to build ‘American Bitcoin’ — a Bitcoin mining powerhouse
by shayaanby shayaanEric Trump and Donald Trump Jr. have officially entered the Bitcoin mining industry, teaming up with Hut 8 to launch ‘American Bitcoin’ …
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Mining
Trump family enters Bitcoin mining industry with American Bitcoin 20% stake in Hut 8
by shayaanby shayaanHut 8 has partnered with Eric Trump and Donald Trump Jr. to launch American Bitcoin, a new entity focused exclusively on industrial-scale …
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Mining
Hut 8 Reports $80.7 Million in Crypto Revenue, Bitcoin Reserve Rises to 10,171 BTC
by shayaanby shayaanHut 8 Corp. has reported $80.7 million in crypto-related revenue for 2024, driven by bitcoin mining and GPU-as-a-service operations. The company expanded …
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Mining
Hut 8 Reports $331M Net Income in 2024 While Expanding AI Infrastructure
by shayaanby shayaanBitcoin mining firm Hut 8 took $331 million in net income in 2024, according to the company’s latest financial report. The firm …
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Mining
Investor Sentiment on Bitcoin Mining Stocks: Institutions Bet Big on CORZ, WULF, IREN and HUT
by shayaanby shayaanGain insights into investor sentiment on Bitcoin mining stocks through institutional ownership trends. Institutions favored hybrid miners with major HPC/AI deals: $CORZ, …