Hut 8 Mining Generated 111 Bitcoin in September, Total Balance of Bitcoin in Reserve Was 9,366
Portfolio Pulse from Benzinga Newsdesk
Hut 8 Mining Corp. (Nasdaq: HUT) mined 111 Bitcoin in September 2023, with no Bitcoin sold during the month. The total balance of Bitcoin in reserve was 9,366. The company also received approval for a business combination with U.S. Data Mining Group, Inc. dba US Bitcoin Corp.
October 10, 2023 | 10:33 am
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Hut 8 Mining Corp. mined 111 Bitcoin in September 2023, with no Bitcoin sold during the month. The total balance of Bitcoin in reserve was 9,366. The company also received approval for a business combination with U.S. Data Mining Group, Inc.
The news is directly related to Hut 8 Mining Corp. The company's successful mining of 111 Bitcoin in September and the approval of a business combination with U.S. Data Mining Group, Inc. are positive developments that could potentially increase the company's stock price in the short term.
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