On December 22, news reported that Asher Genoot, the CEO of Nasdaq-listed Bitcoin mining company Hut 8, explained on the X platform why the company chose to establish a strategic Bitcoin reserve. He stated: "Fundamentals-first operating 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 ROI, 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 for shareholders; its operational strategy includes: scaling and expanding geographical reach, developing a digital infrastructure platform, expanding BTC mining scale and reducing BTC mining costs.

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