Hut 8 Taps into Bitcoin Reserves for New 62MW Site Buildout

Hut 8 is set to make use of the 9,000 bitcoin on its balance sheet to fund its near-term growth, including a plan to build a new 63-megawatt (MW) site in Texas. The company announced on Tuesday that it has started the construction of a new site in Culberson County, Texas, which it expects to […]

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