Hut 8 Mining Corp. Acquires Approximately 990 Bitcoins at an Average Price of $101,710

BlockBeats News, December 19th, according to a CoinDesk report, Bitcoin-listed mining firm Hut 8 has added approximately 990 Bitcoins to its holdings, with an average purchase price of $101,710, spending around $100 million. Hut 8 currently holds a total of 10,096 Bitcoins, valued at around $1 billion, and plans to utilize its Bitcoin reserves through options strategies, staking, selling, or other strategies to "maintain opportunism," potentially acquiring more Bitcoins in the future.