Hut 8 surpasses 8,000 BTC mark as it continues to HODL
The Canadian mining operator has managed to HODL through tough market conditions while other miners have sold holdings to manage operational costs. Canadian mining firm Hut 8 saw its Bitcoin holdings surpass the 8,000 Bitcoin (BTC) mark as it continues to accumulate self-mined holdings through depressed cryptocurrency market conditions.Hut 8 released its latest mining report for August 2022, which showed that it had increased its Bitcoin holdings by 375 BTC for the month to take its total reserves to 8,111 BTC. The mining reported that it had mined 12.1 BTC per day at a rate of 125.8 BTC....
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