Hut 8 has taken a big step in the Bitcoin world! 🚀 It has increased its total reserve to 10,096 BTC by purchasing 990 Bitcoins and is now among the largest Bitcoin holders. It aims to strengthen its financial position and increase its scalability by purchasing each Bitcoin for an average of $ 24,484.
CEO Asher Genoot states that this investment will increase the value of the company. CFO Sean Glennan emphasizes that they aim to provide superior returns to shareholders.
Legal issues? They are also the icing on the cake! 😂 Share your thoughts in the comments!