ChainCatcher news, according to Coindesk, the publicly listed Bitcoin mining company Hut 8 announced that it has increased its holdings by 990 BTC at an average price of $101,710, bringing its total Bitcoin holdings to 10,096 coins, valued at approximately $1 billion.

In addition, Hut 8 CEO Asher Genoot also stated that they will seize opportunities to purchase more Bitcoin on the open market in the future.