American Bitcoin merger is nearing completion with Winklevoss backing finalized
Hut 8 pushes four new sites forward in Louisiana, Texas, and Illinois while keeping its buildout schedule under wraps
Hut 8 reportedly begins $2.5B AI data center build in Louisiana
Hut 8 subsidiary eyes 25 EH/s target as new Vega site goes live in Texas
Expanded agreement cuts interest to 9%, extends term to 2026
Hut 8 reported 2.38 EH/s in realized hashrate for February
Riot mined 527 BTC in January with a realized hashrate of 31 EH/s
Top five companies constitute nearly 50% of the fund's allocation
Bitcoin mining stocks common $35 billion in market cap as of Friday
Holdings have more than doubled in 2024
Direct cost of production amounted to nearly $60k in Q3
These companies collectively account for nearly 35% of global production