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Add as a preferred source on GoogleHut 8 Transfers 1,617 Bitcoin (BTC) Valued at $121.43 Million
The miner sold 2,148 BTC in October at an average price of about $81,657, bringing in $175.4 million to help fund share repurchases.
Mentioned assets
Hut 8, a publicly traded miner, transferred 1,617 Bitcoin (BTC), valued at $121.43 million, on Tuesday as proceeds from its October sales helped fund share repurchases.
In October, Hut 8 sold 2,148 BTC at an average price of about $81,657, bringing in $175.4 million to help fund share repurchases. That figure represents the sale proceeds, not the amount of the repurchases.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.