🚀 Hut 8, a Bitcoin mining giant, has bolstered its BTC reserves by 990 coins, spending $100M to reach a whopping 10,096 BTC! This move places them among the top corporate Bitcoin holders globally. Despite paying $101,710 per BTC, their efficient mining keeps costs low. 💰

The new BTC stash will fuel a mining upgrade, boosting efficiency and hashrate by 66% by 2025. CEO Asher Genoot highlights this as a strategic step to enhance value creation. What do you think about this bold move? Share your thoughts below!