Hut 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, …
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Mining
Hut 8 Targets the Intersection of Energy and Technology, Says CEO Asher Genoot
by shayaanby shayaanAsher Genoot, CEO of Hut 8, one of North America’s largest bitcoin miners, emphasized the company’s commitment to empowering next-generation technologies with …
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Bitcoin miner Hut 8 has unveiled a $500 million equity offering to bolster its operations and create a Bitcoin (BTC) strategic reserve. …
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A deep dive into Hut 8 Mining, uncovering its often overlooked business sectors. Understand its financial performance, strategic initiatives and HPC/AI developments. …
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Bitcoin mining firm Hut 8 reported third-quarter earnings that surpassed expectations, with revenue exceeding $43.7 million. Miami-headquartered crypto mining firm Hut 8 …