According to ChainCatcher, Hut 8 CEO Asher Genoot explained why the company established a strategic Bitcoin reserve. He said that a fundamentals-first operating strategy coupled with active capital management can create outstanding value.
Hut 8's strategic Bitcoin reserves support the flywheel effect, combining capital and operational strategies to accelerate business value creation. Capital strategies include investing in high ROIC projects, capturing BTC price increases, and strengthening the balance sheet. Operational strategies include expanding scale and geography, developing digital infrastructure platforms, expanding BTC mining and reducing costs, focusing on providing long-term returns to shareholders.
