In July, Hut 8 Mining Corp Generated 116 Bitcoin, Sold 100 Bitcoin for $3.9M, Produced 44.6 BTC/EH
Portfolio Pulse from Benzinga Newsdesk
Hut 8 Mining Corp. (Nasdaq: HUT) reported that it mined 116 Bitcoin in July 2023, sold 100 Bitcoin for $3.9 million, and produced 44.6 BTC/EH. The company's total Bitcoin reserve was 9,152 at the end of July, with 8,305 unencumbered. The installed ASIC hashrate capacity at their Alberta facilities was 2.6 EH/s.
August 14, 2023 | 10:11 am
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Hut 8 Mining Corp. reported strong Bitcoin mining and sales performance for July 2023, which could positively impact its stock price.
Hut 8 Mining Corp.'s report of successful Bitcoin mining and sales for July 2023 indicates a strong operational performance. This could increase investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100