Hut 8 Reported 147 Bitcoin Generated In May; 179 Bitcoin Were Sold In May 2023 For Proceeds Of $6.8M
Portfolio Pulse from Charles Gross
Hut 8 Mining Corp. reported generating 147 Bitcoin in May and selling 179 Bitcoin for proceeds of $6.8 million in May 2023.

June 09, 2023 | 10:39 am
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Hut 8 Mining Corp. generated 147 Bitcoin in May and sold 179 Bitcoin for $6.8 million in May 2023.
Hut 8 Mining Corp.'s report of generating 147 Bitcoin in May and selling 179 Bitcoin for $6.8 million in May 2023 indicates a positive financial performance. This news is likely to have a positive short-term impact on the company's stock price, as it demonstrates the company's ability to generate and sell Bitcoin at a profit.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100