Bitcoin miner Hut 8 has unveiled a $500 million equity offering to bolster its operations and create a Bitcoin (BTC) strategic reserve. The company will sell shares of its common stock over time to fund its growth initiatives. The net proceeds from this offering will support Hut 8’s ongoing expansion, including developing data centers and […]
The post Hut 8 to fund Bitcoin reserve plan via $500 million equity offering appeared first on CryptoSlate.
Go here to Read this Fast! Hut 8 to fund Bitcoin reserve plan via $500 million equity offering
Originally appeared here:
Hut 8 to fund Bitcoin reserve plan via $500 million equity offering