🌋 Hut 8 Mining Corp Retains Their Bitcoins

posted  11 Oct 2023
Photo - Hut 8 Mining Corp Retains Their Bitcoins
Canadian mining firm Hut 8 reported that it hasn't sold any of the 111 BTC it minted in September 2023, despite a decline in the previous year's revenues.

As of the end of September, their total BTC holdings stand at 9,366, with 7,269 of them being unencumbered.

Like many miners, Hut 8 appears to be stacking bitcoins, awaiting a potential bull run after the halving event.