Bitfury-Backed Bitcoin Miner Hut 8 Prepares to Go Public
Hut 8, two months after announcing its partnership with Bitfury, is preparing to be listed on the TSX Venture Exchange prior to expanding mining ops.
Billion-dollar fund manager Fidelity International is betting big on rebounding fortunes for the listed bitcoin miner Hut 8.
Hut 8 says its new funding is going towards increasing the bitcoin miner's total capacity by a fifth.
Bitcoin mining firm Hut 8 reported a sharp drop in revenue. However, the rising value of the firm's BTC holdings helped it finish the quarter in the black.
Hut 8 Mining Corporation saw a bump in price and trading volume Friday ahead of next month’s bitcoin halving.
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