Cost of debt includes quarterly interest payments and a one-time repayment fee
Hut 8's original service contract was for another four years with a monthly fee of $1.2 million
Major mining stocks saw more than 30% in price correction, outstripping bitcoin's 15% pullback since the New Year.
Texas alone is set to add at least another 500 MW by Q2.
The company expects to complete the bid in January.
The market cap of the top 12 mining stocks by trading volume also sets new highs over $12 billion on Monday.
Hardware trading subsidiary contributed 95% to 2022 revenue.
Plans a new publicly traded bitcoin mining company that will be owned by Celsius customers
November is the second-most rewarding month for bitcoin miners this year
A look into realized hashrate, liquidation, shipment records, mining stock performance and more.
The merger and Hut8's bid for power facilities will create one of the most diversified business model in bitcoin mining
Bitdeer expects to launch the AI service platform in Q1 2024