ChainCatcher message, Nasdaq-listed Bitcoin mining company Hut 8 CEO Asher Genoot posted on platform X explaining why the company chose to establish a strategic Bitcoin reserve. He stated: 'Fundamentals-first operational strategy + proactive capital management = exceptional value creation potential.'
According to a screenshot shared by Asher Genoot, Hut 8's strategic Bitcoin reserve supports the flywheel effect, combining capital and operational strategies to accelerate overall business value creation. Its capital strategy includes: allocating capital to projects with high ROIC, capturing BTC price increases and strengthening the balance sheet, increasing strategic BTC reserves through low-cost production and strategic market purchases, and focusing on delivering exceptional long-term returns to shareholders; its operational strategy includes: scaling up and expanding geographical reach, developing digital infrastructure platforms, increasing BTC mining scale, and reducing BTC mining costs.
