Hut 8 Buys 990 BTC for $100 Million, Holding 10,096 BTC

YM Lee

Summary

Hut 8 reported that it invested a total of $100 million to purchase 990 BTC.
Hut 8's total Bitcoin holdings amount to 10,096 BTC.
The realized average price per BTC is reported to be $24,484.

Bitcoin (BTC) mining company Hut 8 announced that it has purchased 990 BTC for $100 million.

According to a report by Cointelegraph on the 19th (local time), Hut 8 bought 990 BTC at an average purchase price of $101,710, bringing its total Bitcoin holdings to 10,096 BTC. The realized average price per BTC is $24,484.

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Hut 8 Buys 990 BTC for $100 Million, Holding 10,096 BTC

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