#Bitcoin mining company Hut 8 announced that it has purchased 990 Bitcoins at an average price of $101,710 per Bitcoin, bringing the total amount to approximately $100 million, bringing its Bitcoin reserves to 10,096 Bitcoins with a market value of approximately $1 billion, ranking it among the top ten companies in the world in terms of Bitcoin assets.
These Bitcoin reserves will be managed flexibly through options strategies, staking or sales, and plans to continue to seek opportunities to increase its holdings in the market.
