Hut 8 surpasses $1B in Bitcoin holdings after $100M acquisition
Hut 8 has acquired 990 Bitcoin for $100 million, boosting its total BTC holdings to over $1 billion as institutional adoption of cryptocurrency accelerates.
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Hut 8 has acquired 990 Bitcoin for $100 million, boosting its total BTC holdings to over $1 billion as institutional adoption of cryptocurrency accelerates.
Bitcoin broke through $76,000 following Trump’s election victory, with PlanB’s stock-to-flow model forecasting a $500,000 BTC price within four years.
Bitcoin has jumped 4.3% as future traders skew toward long positions ahead of Donald Trump’s speech at the Bitcoin Conference.
