Bitcoin
Hut 8 Sold 3,102 Bitcoin to Buy Back $250 Million of Its Own Stock. Which Miners Are Still Holding Theirs?
Hut 8 just liquidated a massive chunk of its Bitcoin war chest to buy back its own stock, and the market punished it hard. Now investors are asking which miners are still betting on Bitcoin and which ones are quietly… The Crypto Desk desk. Editor: Sam Daodu . This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Hut 8 ( NASDAQ:HUT ) recently sold 3,102 Bitcoin ( CRYPTO:BTC ) and used the proceeds to execute a $250 million stock buyback, reducing the number of shares available in the...
24/7 Wall St.9 min read
