PANews December 22 news, Hut 8, a Nasdaq-listed Bitcoin mining company, CEO Asher Genoot explained on the X platform 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 reserves support a 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 the rise in BTC prices and strengthening the balance sheet, increasing strategic BTC reserves through low-cost production and strategic market purchases, and focusing on providing shareholders with exceptional long-term returns; its operational strategy includes: expanding scale and geographic reach, developing a digital infrastructure platform, increasing BTC mining scale, and reducing BTC mining costs.
