🚀 Hot news from Hut 8: Acquired an additional 990 BTC for $100 million, raising total reserves to over 10,096 BTC! The strategy of optimizing profits from production and purchasing BTC is proving effective. 📈

- Objective: Turn BTC into a strategic reserve asset, leveraging the financial model to expand mining capabilities.

- CEO Asher Genoot: "We expect to grow BTC reserves at a lower cost than the market price."

- Facing a class-action lawsuit from shareholders, related to reports from J Capital Research.

What do you think about Hut 8's strategy? Share your opinions! 💬