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Hut 8’s (HUT) stock dropped nearly 13% after its Q3 earnings — but according to Benchmark, that reaction was way overdone. 📉
Analyst Mark Palmer says investors focused too much on the missing AI hyperscaler deal, ignoring the company’s strong results and long-term potential in AI, energy, and Bitcoin infrastructure.
Benchmark kept a Buy rating with a $78 price target, calling the selloff “short-sighted and unwarranted.”
Basically — this might be a buying opportunity, not a red flag. 💡
#Hut8 #Bitcoinmining #AI #stockmarket
Analyst Mark Palmer says investors focused too much on the missing AI hyperscaler deal, ignoring the company’s strong results and long-term potential in AI, energy, and Bitcoin infrastructure.
Benchmark kept a Buy rating with a $78 price target, calling the selloff “short-sighted and unwarranted.”
Basically — this might be a buying opportunity, not a red flag. 💡
#Hut8 #Bitcoinmining #AI #stockmarket
Hut 8 enters the top 10 Bitcoin giants with more than 13,000 BTC
📅 November 4 | Toronto, Canada
In the midst of a market full of corporate sales and macroeconomic pressures, a Canadian miner defies the bearish trend and positions itself among the Bitcoin titans. Hut 8 Mining Corp, one of the historic names in the crypto sector, has just reached a monumental milestone: more than 13,000 BTC in custody, officially entering the top 10 of public companies with the largest Bitcoin holdings in the world.
📖 According to The Block, Hut 8 has aggressively increased its Bitcoin reserves during 2025, reaching a total of 13,158 BTC, valued at approximately $1.45 billion at the current price. With this figure, the company overtakes technology giants and institutional funds, consolidating itself as one of the ten most “hodler” public entities on the planet.
The promotion was no coincidence. During the first quarter of the year, Hut 8 completed its strategic merger with US Bitcoin Corp (USBTC), unifying operations and expanding its mining and storage capacity in North America. Since then, the company has adopted a strategy focused on retaining as much of the BTC generated by its operations as possible, rather than selling them to cover immediate costs.
In the words of its CEO, Asher Genoot, during a recent conference:
“Our vision is not to speculate on price, but to build a strategic reserve of Bitcoin that transcends market cycles.”
That approach contrasts with recent movements such as Sequans Communications, which sold its reserves to pay debt, or even Tesla, which reduced its holdings months ago. Hut 8, on the other hand, doubled its accumulation, driven by a 30% increase in its hash rate capacity and the opening of new facilities in Alberta and Texas, two energy hubs with competitive costs.
This jump places Hut 8 alongside names like MicroStrategy, Marathon Digital, Coinbase and Riot Platforms, but with a crucial difference: its balance sheet does not depend on debt, but on pure mining and continuous reinvestment.
TD Cowen analysts highlighted that these types of movements “reinforce the narrative of Bitcoin as a corporate reserve asset” and could inspire other miners to return to the accumulation strategy, after a year dominated by forced sales.
In a market dominated by uncertainty, Hut 8 emerges as a rare case of discipline and institutional faith, combining energy innovation with the old “HODL” philosophy.
Topic Opinion:
In times where many sell out of fear or necessity, Hut 8 demonstrates that strategic patience can be your greatest asset. I dare say that these types of decisions are what distinguish the true builders of the ecosystem from the short-term speculators. The market can be volatile, but history has shown that those who think in blocks and not candles are the ones who end up winning.
💬 Do you think more miners will follow Hut 8's example and accumulate Bitcoin in the long term?
Leave your comment...
#Hut8 #bitcoin #BTC #CryptoNews #HODL $BTC
In the midst of a market full of corporate sales and macroeconomic pressures, a Canadian miner defies the bearish trend and positions itself among the Bitcoin titans. Hut 8 Mining Corp, one of the historic names in the crypto sector, has just reached a monumental milestone: more than 13,000 BTC in custody, officially entering the top 10 of public companies with the largest Bitcoin holdings in the world.
📖 According to The Block, Hut 8 has aggressively increased its Bitcoin reserves during 2025, reaching a total of 13,158 BTC, valued at approximately $1.45 billion at the current price. With this figure, the company overtakes technology giants and institutional funds, consolidating itself as one of the ten most “hodler” public entities on the planet.
The promotion was no coincidence. During the first quarter of the year, Hut 8 completed its strategic merger with US Bitcoin Corp (USBTC), unifying operations and expanding its mining and storage capacity in North America. Since then, the company has adopted a strategy focused on retaining as much of the BTC generated by its operations as possible, rather than selling them to cover immediate costs.
In the words of its CEO, Asher Genoot, during a recent conference:
“Our vision is not to speculate on price, but to build a strategic reserve of Bitcoin that transcends market cycles.”
That approach contrasts with recent movements such as Sequans Communications, which sold its reserves to pay debt, or even Tesla, which reduced its holdings months ago. Hut 8, on the other hand, doubled its accumulation, driven by a 30% increase in its hash rate capacity and the opening of new facilities in Alberta and Texas, two energy hubs with competitive costs.
This jump places Hut 8 alongside names like MicroStrategy, Marathon Digital, Coinbase and Riot Platforms, but with a crucial difference: its balance sheet does not depend on debt, but on pure mining and continuous reinvestment.
TD Cowen analysts highlighted that these types of movements “reinforce the narrative of Bitcoin as a corporate reserve asset” and could inspire other miners to return to the accumulation strategy, after a year dominated by forced sales.
In a market dominated by uncertainty, Hut 8 emerges as a rare case of discipline and institutional faith, combining energy innovation with the old “HODL” philosophy.
Topic Opinion:
In times where many sell out of fear or necessity, Hut 8 demonstrates that strategic patience can be your greatest asset. I dare say that these types of decisions are what distinguish the true builders of the ecosystem from the short-term speculators. The market can be volatile, but history has shown that those who think in blocks and not candles are the ones who end up winning.
💬 Do you think more miners will follow Hut 8's example and accumulate Bitcoin in the long term?
Leave your comment...
#Hut8 #bitcoin #BTC #CryptoNews #HODL $BTC
Benchmark Doubles Price Target for Hut 8 Amid AI and HPC Expansion
Benchmark has sharply raised its price target for Hut 8 to $78, signaling growing confidence in the company’s transition from a traditional bitcoin miner into a next-generation energy infrastructure leader. The Wall Street firm described Hut 8 as a “flexible call option” on Bitcoin, artificial intelligence, and high-performance computing — a rare combination that positions it at the intersection of two of the most powerful technology trends shaping global markets.
Analyst Mark Palmer cited Hut 8’s 1,530 megawatts of energy capacity under development, much of it directed toward AI and HPC data centers, as a key driver of future growth. The company’s 64% ownership stake in American Bitcoin Corp. and more than 10,000 BTC on its balance sheet add significant strategic optionality.
Under the leadership of CEO Asher Genoot, Hut 8 has shifted its focus toward controlling low-cost power infrastructure that can support whichever workloads deliver the highest returns — whether bitcoin mining or AI compute. The approach has paid off, with Hut 8’s stock more than quadrupling in value over the past six months.
Benchmark’s report points to near-term catalysts such as a potential tenant signing at Hut 8’s River Bend site in Louisiana and long-term growth through replicating the model of its Vega facility in Texas. The broker also noted that the company’s project costs remain well below industry averages, underscoring its competitive advantage in both energy and compute efficiency.
Hut 8’s pivot signals the arrival of a new class of hybrid infrastructure companies — ones capable of bridging the gap between blockchain and artificial intelligence.
#Hut8 #AI #CryptoMarkets
Benchmark has sharply raised its price target for Hut 8 to $78, signaling growing confidence in the company’s transition from a traditional bitcoin miner into a next-generation energy infrastructure leader. The Wall Street firm described Hut 8 as a “flexible call option” on Bitcoin, artificial intelligence, and high-performance computing — a rare combination that positions it at the intersection of two of the most powerful technology trends shaping global markets.
Analyst Mark Palmer cited Hut 8’s 1,530 megawatts of energy capacity under development, much of it directed toward AI and HPC data centers, as a key driver of future growth. The company’s 64% ownership stake in American Bitcoin Corp. and more than 10,000 BTC on its balance sheet add significant strategic optionality.
Under the leadership of CEO Asher Genoot, Hut 8 has shifted its focus toward controlling low-cost power infrastructure that can support whichever workloads deliver the highest returns — whether bitcoin mining or AI compute. The approach has paid off, with Hut 8’s stock more than quadrupling in value over the past six months.
Benchmark’s report points to near-term catalysts such as a potential tenant signing at Hut 8’s River Bend site in Louisiana and long-term growth through replicating the model of its Vega facility in Texas. The broker also noted that the company’s project costs remain well below industry averages, underscoring its competitive advantage in both energy and compute efficiency.
Hut 8’s pivot signals the arrival of a new class of hybrid infrastructure companies — ones capable of bridging the gap between blockchain and artificial intelligence.
#Hut8 #AI #CryptoMarkets
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With the participation of the Trump sons.. Launch of a new American company for Bitcoin mining!
Hut 8 (specializing in blockchain technologies and cryptocurrency mining) announced the launch of American Bitcoin Corp as a majority-owned subsidiary, which will exclusively focus on Bitcoin mining and developing strategic reserves of the digital currency, in a move that reflects the growing American interest in enhancing its leadership in the digital assets sector.
This launch comes after Hut 8 acquired a majority stake in American Data Centers Inc, a company founded by a group of investors, including Eric Trump and Donald Trump Jr.
According to the company, the new entity has been restructured to operate under the name "American Bitcoin Corp," becoming a key player in the mining sector, benefiting from advanced technical capabilities and infrastructure.
As part of the deal, Hut 8 transferred all of its Bitcoin mining equipment to the new entity in exchange for an 80% stake in the project, while Eric Trump will assume the position of Chief Strategy Officer in the company, reflecting the increasing connection between the cryptocurrency sector and political and economic circles in the United States.
#Hut8 #AmericanBitcoin
#mining
Hut 8 (specializing in blockchain technologies and cryptocurrency mining) announced the launch of American Bitcoin Corp as a majority-owned subsidiary, which will exclusively focus on Bitcoin mining and developing strategic reserves of the digital currency, in a move that reflects the growing American interest in enhancing its leadership in the digital assets sector.
This launch comes after Hut 8 acquired a majority stake in American Data Centers Inc, a company founded by a group of investors, including Eric Trump and Donald Trump Jr.
According to the company, the new entity has been restructured to operate under the name "American Bitcoin Corp," becoming a key player in the mining sector, benefiting from advanced technical capabilities and infrastructure.
As part of the deal, Hut 8 transferred all of its Bitcoin mining equipment to the new entity in exchange for an 80% stake in the project, while Eric Trump will assume the position of Chief Strategy Officer in the company, reflecting the increasing connection between the cryptocurrency sector and political and economic circles in the United States.
#Hut8 #AmericanBitcoin
#mining
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Bitcoin miner Hut 8 announced a partnership with Eric Trump
On March 31, 2025, Hut 8, a Bitcoin mining company, announced the launch of a new enterprise called American Bitcoin Corp. in partnership with Eric Trump and Donald Trump Jr. This collaboration resulted from a strategic merger #Hut8 with American Data Centers, a company founded by a group of investors, including the Trump brothers. As part of the deal, Hut 8 transferred most of its ASIC miners in exchange for an 80% stake in American Bitcoin, which will now focus on industrial Bitcoin mining and building a strategic reserve $BTC
Hut 8 Doubles Its Bitcoin-Backed Loan with Coinbase at a Fixed 9% Rate
On June 24, 2025, Bitcoin mining firm Hut 8, listed on Nasdaq and TSX, announced it has doubled its Bitcoin-backed loan with Coinbase Credit from $65 million to $130 million. Notably, the new agreement includes a fixed interest rate of just 9%, significantly lower than the previous floating rate of 10.5%–11.5%. The loan term has also been extended to July 2026.
This new structure allows Hut 8 to access more capital at a lower cost without selling any Bitcoin—an important strategic move, as many mining companies prefer to hold BTC and wait for future price appreciation.
The loan is fully collateralized by Hut 8’s Bitcoin holdings, with a “no rehypothecation” clause, meaning Coinbase cannot reuse the BTC for other purposes. Additionally, it includes an improved limited recourse structure, which limits Hut 8’s legal and financial exposure.
Following the announcement, Hut 8 (HUT) shares rose 2.3% in pre-market trading on June 25, indicating a positive market response. Commentary on X echoed this sentiment, with investors viewing it as a strong financial move showing growing institutional confidence in the mining sector.
By doubling its credit facility while retaining full Bitcoin ownership, Hut 8 strengthens its position in the crypto mining space. This move may also encourage other mining firms to pursue similar credit strategies, potentially increasing institutional capital flow into the crypto debt market.
#Hut8 #CoinbaseCredit #BitcoinLoan
On June 24, 2025, Bitcoin mining firm Hut 8, listed on Nasdaq and TSX, announced it has doubled its Bitcoin-backed loan with Coinbase Credit from $65 million to $130 million. Notably, the new agreement includes a fixed interest rate of just 9%, significantly lower than the previous floating rate of 10.5%–11.5%. The loan term has also been extended to July 2026.
This new structure allows Hut 8 to access more capital at a lower cost without selling any Bitcoin—an important strategic move, as many mining companies prefer to hold BTC and wait for future price appreciation.
The loan is fully collateralized by Hut 8’s Bitcoin holdings, with a “no rehypothecation” clause, meaning Coinbase cannot reuse the BTC for other purposes. Additionally, it includes an improved limited recourse structure, which limits Hut 8’s legal and financial exposure.
Following the announcement, Hut 8 (HUT) shares rose 2.3% in pre-market trading on June 25, indicating a positive market response. Commentary on X echoed this sentiment, with investors viewing it as a strong financial move showing growing institutional confidence in the mining sector.
By doubling its credit facility while retaining full Bitcoin ownership, Hut 8 strengthens its position in the crypto mining space. This move may also encourage other mining firms to pursue similar credit strategies, potentially increasing institutional capital flow into the crypto debt market.
#Hut8 #CoinbaseCredit #BitcoinLoan
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📈 Mining stocks staged a mini bull run
On Friday, shares of companies involved in Bitcoin mining surged sharply: 
◾️Applied Digital (APLD): +22.18%, closed at $6.83.
◾️Bitdeer Technologies (BTDR): +10.63%, to $15.19.
◾️Hut 8 Corp (#Hut8 ): +10.9%, finished the day at $17.13.
These jumps occurred against the backdrop of Bitcoin's price rising to $103,742 and a decrease in market volatility.
⸻
🧠 Opinion of Mr. Belferman:
When mining stocks soar so rapidly, it is either a precursor to a new bull run or the market has just decided to take a breather.
Applied Digital — +22% in a day? Perhaps they found a new way to mine Bitcoin by moonlight.
But let’s remember: the market loves surprises. Sometimes it gives profits, and other times — lessons.
On Friday, shares of companies involved in Bitcoin mining surged sharply: 
◾️Applied Digital (APLD): +22.18%, closed at $6.83.
◾️Bitdeer Technologies (BTDR): +10.63%, to $15.19.
◾️Hut 8 Corp (#Hut8 ): +10.9%, finished the day at $17.13.
These jumps occurred against the backdrop of Bitcoin's price rising to $103,742 and a decrease in market volatility.
⸻
🧠 Opinion of Mr. Belferman:
When mining stocks soar so rapidly, it is either a precursor to a new bull run or the market has just decided to take a breather.
Applied Digital — +22% in a day? Perhaps they found a new way to mine Bitcoin by moonlight.
But let’s remember: the market loves surprises. Sometimes it gives profits, and other times — lessons.
THOUGHTS ON THE MARKET 🔮📉
📈 Miner #MARA bought 15,574 $BTC worth ~$1.53 billion at an average price of $98,529 per coin. The purchase was secured by the sale of convertible bonds.
📈 Miner #HUT8 reported purchasing 968 $BTC at an average price of $101,710. The total balance exceeded $1 billion (10,096 BTC).
‼️Usually smart money sits in companies, they would not take #bitcoin on highs. Also an interesting observation, these stocks always fell before corrections! And now they are just accumulating strength in the sideways trend.
📈 Miner #MARA bought 15,574 $BTC worth ~$1.53 billion at an average price of $98,529 per coin. The purchase was secured by the sale of convertible bonds.
📈 Miner #HUT8 reported purchasing 968 $BTC at an average price of $101,710. The total balance exceeded $1 billion (10,096 BTC).
‼️Usually smart money sits in companies, they would not take #bitcoin on highs. Also an interesting observation, these stocks always fell before corrections! And now they are just accumulating strength in the sideways trend.
THOUGHTS ON THE MARKET 📊💹
Within this channel if we go down to $99000, then #alts will also fall sharply! for now, refrain from trading unless you short against the trend!
If we go up after the #FedRateCuts , then it will be easier!
$BTC has not finished growing and the distribution targets are higher! #Altacoins cannot be so low at the peak of #bitcoin !
Many are losing faith in the #AltSeason , they are already tired of waiting for a miracle phenomenon! but it cannot be at the dominance of 58-59%!
Within this channel if we go down to $99000, then #alts will also fall sharply! for now, refrain from trading unless you short against the trend!
If we go up after the #FedRateCuts , then it will be easier!
$BTC has not finished growing and the distribution targets are higher! #Altacoins cannot be so low at the peak of #bitcoin !
Many are losing faith in the #AltSeason , they are already tired of waiting for a miracle phenomenon! but it cannot be at the dominance of 58-59%!
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Recent events and catalysts
Company development
In June 2025, #Hut8 connected its data center Vega with a capacity of 205 MW in Texas to the power grid, which is considered the largest bitcoin mining center in the world, occupying only one building, and accounting for nearly 2% of the total hashing power of the network #биткоинов . According to equipment hosting contracts, Vega is expected to generate $110–120 million annually, and the company has the option to acquire the hosted mining equipment. $BTC
The company also announced a bitcoin-backed credit line from Coinbase Credit, securing a loan of $130 million, which will allow Hut 8 to raise an additional $65 million in non-dilutive capital.
Company development
In June 2025, #Hut8 connected its data center Vega with a capacity of 205 MW in Texas to the power grid, which is considered the largest bitcoin mining center in the world, occupying only one building, and accounting for nearly 2% of the total hashing power of the network #биткоинов . According to equipment hosting contracts, Vega is expected to generate $110–120 million annually, and the company has the option to acquire the hosted mining equipment. $BTC
The company also announced a bitcoin-backed credit line from Coinbase Credit, securing a loan of $130 million, which will allow Hut 8 to raise an additional $65 million in non-dilutive capital.
🚨 Hut 8 ($HUT) bought $100M worth of Bitcoin, adding 990 BTC at an average price of $101,710.
They now hold 10,096 $BTC (~$1B).
The miner plans to use this reserve for options, pledges, or sales and may buy more BTC in the future.
#Hut8 #BitcoinMining
They now hold 10,096 $BTC (~$1B).
The miner plans to use this reserve for options, pledges, or sales and may buy more BTC in the future.
#Hut8 #BitcoinMining
🚨 BREAKING: Donald Trump’s Altcoin $WLFI Sells Tokens to Hut8! 💥🇺🇸
The Trump-linked crypto project World Liberty Financial ( $WLFI ) just announced a major token sale to Bitcoin mining giant Hut8 — sending shockwaves through the crypto world! 🌎⚡
💰 Deal Details:
🔒 Tokens Sold: WLFI sold locked treasury assets — not new tokens, avoiding dilution.
💵 Price: Hut8 bought them at $0.25 each, above the current market price (~$0.20).
💼 Total Value: Estimated around $25 million for 100 million tokens.
🪙 Purpose: WLFI says funds will fuel ecosystem growth and new partnerships.
🔥 Reactions:
🗣️ Donald Trump Jr. dismissed conflict-of-interest claims, calling them “complete nonsense.”
⚖️ Critics question transparency and political ties as Trump’s family reportedly holds billions of WLFI tokens.
🏗️ Supporters say the deal shows strong institutional confidence in Trump’s crypto vision.
📈 Market Buzz:
WLFI is now trending across exchanges, with traders eyeing whether the Hut8 partnership could spark the project’s next major rally. 🚀
What do you think — smart business move or political controversy waiting to explode? 🤔👇
#WLFI #TrumpCoin #CryptoNews #Hut8 #Web3
The Trump-linked crypto project World Liberty Financial ( $WLFI ) just announced a major token sale to Bitcoin mining giant Hut8 — sending shockwaves through the crypto world! 🌎⚡
💰 Deal Details:
🔒 Tokens Sold: WLFI sold locked treasury assets — not new tokens, avoiding dilution.
💵 Price: Hut8 bought them at $0.25 each, above the current market price (~$0.20).
💼 Total Value: Estimated around $25 million for 100 million tokens.
🪙 Purpose: WLFI says funds will fuel ecosystem growth and new partnerships.
🔥 Reactions:
🗣️ Donald Trump Jr. dismissed conflict-of-interest claims, calling them “complete nonsense.”
⚖️ Critics question transparency and political ties as Trump’s family reportedly holds billions of WLFI tokens.
🏗️ Supporters say the deal shows strong institutional confidence in Trump’s crypto vision.
📈 Market Buzz:
WLFI is now trending across exchanges, with traders eyeing whether the Hut8 partnership could spark the project’s next major rally. 🚀
What do you think — smart business move or political controversy waiting to explode? 🤔👇
#WLFI #TrumpCoin #CryptoNews #Hut8 #Web3
🔥🚀 BITCOIN’S ON FIRE, MINERS ARE ON ICE! 🚀🔥
12:19 PM, May 1, 2025
Bitcoin: $95,432 (+2.8% in 24 h) 📈
Riot Platforms (RIOT): $11.02 (–0.2%) 🥶
Iren (IREN): $0.63 (flat) 😶
Hut 8 (HUT): $8.95 (–0.1%) 🥶
TeraWulf (WULF): $2.12 (+0.0%) 🥶
⚡ Macro vs. Miners: While BTC rockets past $95K on ETF inflows and macro relief, major miners can’t catch the wave—stuck in neutral.
👀 Watch for:
Hashrate swings & energy costs 📊
Next Bitcoin difficulty adjustment ⚙️
Miner balance sheets vs. BTC price 🔍
💬 Comment: Are you HODLing BTC or betting on miner comebacks?
🔁 Repost if you’re riding Bitcoin’s bull or mining the dips!
#bitcoin #CryptoMining #RIOT #Hut8 #BinanceSquare
$BTC $ETH $XRP
12:19 PM, May 1, 2025
Bitcoin: $95,432 (+2.8% in 24 h) 📈
Riot Platforms (RIOT): $11.02 (–0.2%) 🥶
Iren (IREN): $0.63 (flat) 😶
Hut 8 (HUT): $8.95 (–0.1%) 🥶
TeraWulf (WULF): $2.12 (+0.0%) 🥶
⚡ Macro vs. Miners: While BTC rockets past $95K on ETF inflows and macro relief, major miners can’t catch the wave—stuck in neutral.
👀 Watch for:
Hashrate swings & energy costs 📊
Next Bitcoin difficulty adjustment ⚙️
Miner balance sheets vs. BTC price 🔍
💬 Comment: Are you HODLing BTC or betting on miner comebacks?
🔁 Repost if you’re riding Bitcoin’s bull or mining the dips!
#bitcoin #CryptoMining #RIOT #Hut8 #BinanceSquare
$BTC $ETH $XRP
Trump Family Backs Major Bitcoin Mining Venture with Hut 8
The Trump family is making a bold move into the cryptocurrency world with a new Bitcoin mining initiative. 🚀💰
🔹 What’s Happening?
Eric Trump and Donald Trump Jr. are partnering with Hut 8 through their company American Data Centers, forming a new mining venture called American Bitcoin. This project aims to become one of the largest Bitcoin mining operations in the world!
🔹 Why It Matters
✅ Trump’s Crypto Push – Former President Donald Trump has been vocal about making the U.S. a crypto leader. This move aligns with his vision of turning the U.S. into a global crypto powerhouse.
✅ Strategic Advantage – With Hut 8’s expertise, the venture will use low-cost energy sources to maintain efficiency and profitability in Bitcoin mining.
✅ Upcoming Public Listing – American Bitcoin plans to go public soon, which could create new investment opportunities for crypto enthusiasts.
🔹 The Bigger Picture
This is just the latest in a series of Trump-backed crypto projects, including World Liberty Financial and plans for a stablecoin (World Liberty Dollar). As Bitcoin’s halving event approaches and institutional adoption rises, could this be the beginning of a Trump-powered Bitcoin boom?
💬 What do you think? Will this venture help Bitcoin adoption grow, or is it just another business play? Let’s discuss! 👇🏽🔥 #Bitcionc #CryptoNew #TrumpCrypto #Hut8 #Mining
The Trump family is making a bold move into the cryptocurrency world with a new Bitcoin mining initiative. 🚀💰
🔹 What’s Happening?
Eric Trump and Donald Trump Jr. are partnering with Hut 8 through their company American Data Centers, forming a new mining venture called American Bitcoin. This project aims to become one of the largest Bitcoin mining operations in the world!
🔹 Why It Matters
✅ Trump’s Crypto Push – Former President Donald Trump has been vocal about making the U.S. a crypto leader. This move aligns with his vision of turning the U.S. into a global crypto powerhouse.
✅ Strategic Advantage – With Hut 8’s expertise, the venture will use low-cost energy sources to maintain efficiency and profitability in Bitcoin mining.
✅ Upcoming Public Listing – American Bitcoin plans to go public soon, which could create new investment opportunities for crypto enthusiasts.
🔹 The Bigger Picture
This is just the latest in a series of Trump-backed crypto projects, including World Liberty Financial and plans for a stablecoin (World Liberty Dollar). As Bitcoin’s halving event approaches and institutional adoption rises, could this be the beginning of a Trump-powered Bitcoin boom?
💬 What do you think? Will this venture help Bitcoin adoption grow, or is it just another business play? Let’s discuss! 👇🏽🔥 #Bitcionc #CryptoNew #TrumpCrypto #Hut8 #Mining
Hut 8 Moves to Dubai – Backed by Trump, Focused on Bitcoin
📍 In this article:
🔹 Hut 8 opens a Dubai office focused on accumulating and trading Bitcoin
🔹 Ties to the Trump family deepen through the American Bitcoin venture
🔹 Bitcoin takes the lead while altcoins vanish from the market
🔹 Dubai becomes a crypto hub with zero taxes and welcoming regulation
Bitcoin mining company Hut 8, long linked to Donald Trump's family, is making another major move: it’s establishing a new office in Dubai to focus solely on Bitcoin accumulation and trading, apart from its U.S. mining operations.
With ongoing operations in Texas, New York, and Alberta, the company recently registered its expansion through the Dubai International Financial Centre. CEO Asher Genoot says this move will boost capital efficiency and take full advantage of Dubai’s tax-free corporate environment.
At the same time, Hut 8 is part of the newly formed American Bitcoin, a crypto venture co-owned by Donald Trump Jr. and Eric Trump, which will absorb much of Hut 8’s mining hardware and aims to go public by late 2025.
🔹 Two strategic paths – Dubai will serve as a trading hub, while American Bitcoin focuses on U.S. market positioning. The company confirms these are separate projects, even though the Trump name is now tied to both sides of Hut 8’s global strategy.
Altcoins Collapse – Bitcoin Surges Ahead
The year 2025 is reshaping the crypto landscape: Bitcoin dominance has climbed to 64%, while altcoins are bleeding out. More than $300 billion in altcoin market cap has evaporated this year alone.
📉 The MarketVector Index, tracking the lower half of the top 100 coins, has crashed nearly 50%. Former "next big thing" projects now sit idle as "ghost chains." Even Ethereum remains far below its all-time high.
Bitcoin at the Center of Institutional Inflows
While altcoins lose relevance, Bitcoin is attracting major players:
🔹 Twenty One Capital, backed by Tether, SoftBank, and Cantor Fitzgerald, invested $4 billion in BTC
🔹 Trump Media has accumulated $2.3 billion in Bitcoin holdings
🔹 Amazon is reportedly exploring the idea of launching its own stablecoin
Michael Saylor’s Bitcoin accumulation model has become the new corporate playbook.
Conclusion: Dubai + Bitcoin = The 2025 Power Combo
Hut 8, the Trump family, and institutional whales are heading for Dubai. As altcoins vanish under tighter regulation, Bitcoin is emerging as the only digital asset that matters. Dubai, with its lax laws and zero tax, is turning into a global stronghold.
#Hut8 , #CryptoMining , #BTC , #TRUMP , #CryptoNews
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,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
🔹 Hut 8 opens a Dubai office focused on accumulating and trading Bitcoin
🔹 Ties to the Trump family deepen through the American Bitcoin venture
🔹 Bitcoin takes the lead while altcoins vanish from the market
🔹 Dubai becomes a crypto hub with zero taxes and welcoming regulation
Bitcoin mining company Hut 8, long linked to Donald Trump's family, is making another major move: it’s establishing a new office in Dubai to focus solely on Bitcoin accumulation and trading, apart from its U.S. mining operations.
With ongoing operations in Texas, New York, and Alberta, the company recently registered its expansion through the Dubai International Financial Centre. CEO Asher Genoot says this move will boost capital efficiency and take full advantage of Dubai’s tax-free corporate environment.
At the same time, Hut 8 is part of the newly formed American Bitcoin, a crypto venture co-owned by Donald Trump Jr. and Eric Trump, which will absorb much of Hut 8’s mining hardware and aims to go public by late 2025.
🔹 Two strategic paths – Dubai will serve as a trading hub, while American Bitcoin focuses on U.S. market positioning. The company confirms these are separate projects, even though the Trump name is now tied to both sides of Hut 8’s global strategy.
Altcoins Collapse – Bitcoin Surges Ahead
The year 2025 is reshaping the crypto landscape: Bitcoin dominance has climbed to 64%, while altcoins are bleeding out. More than $300 billion in altcoin market cap has evaporated this year alone.
📉 The MarketVector Index, tracking the lower half of the top 100 coins, has crashed nearly 50%. Former "next big thing" projects now sit idle as "ghost chains." Even Ethereum remains far below its all-time high.
Bitcoin at the Center of Institutional Inflows
While altcoins lose relevance, Bitcoin is attracting major players:
🔹 Twenty One Capital, backed by Tether, SoftBank, and Cantor Fitzgerald, invested $4 billion in BTC
🔹 Trump Media has accumulated $2.3 billion in Bitcoin holdings
🔹 Amazon is reportedly exploring the idea of launching its own stablecoin
Michael Saylor’s Bitcoin accumulation model has become the new corporate playbook.
Conclusion: Dubai + Bitcoin = The 2025 Power Combo
Hut 8, the Trump family, and institutional whales are heading for Dubai. As altcoins vanish under tighter regulation, Bitcoin is emerging as the only digital asset that matters. Dubai, with its lax laws and zero tax, is turning into a global stronghold.
#Hut8 , #CryptoMining , #BTC , #TRUMP , #CryptoNews
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
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Overview of Important Overnight Developments on December 20
21:00-7:00 Keywords: #CraigWright , #MARA , #Worldcoin , #Hut8
1. President-elect Donald Trump calls for the abolition of the debt ceiling, sparking widespread market attention;
2. Craig Wright, the self-proclaimed Satoshi Nakamoto, is sentenced to 12 months in prison for allegedly forging documents, with a two-year probation;
3. The U.S. Securities and Exchange Commission (SEC) has accepted the submission of the amendment to the Franklin Crypto Index ETF, boosting market expectations;
4. MARA announces the acquisition of 15,574 bitcoins, bringing its total holdings to 44,394, with bitcoin reserves continuing to grow;
5. German regulators demand that Worldcoin delete all biometric data collected from human eyeballs, as data privacy issues continue to escalate;
6. Hut 8 surpasses Tesla to become the fourth publicly traded company to hold over 10,000 bitcoins, showcasing its ambitions in the crypto space;
7. The director of El Salvador's Bitcoin Office announces that the official Bitcoin wallet Chivo may face sale or discontinuation, with a complex market response.
21:00-7:00 Keywords: #CraigWright , #MARA , #Worldcoin , #Hut8
1. President-elect Donald Trump calls for the abolition of the debt ceiling, sparking widespread market attention;
2. Craig Wright, the self-proclaimed Satoshi Nakamoto, is sentenced to 12 months in prison for allegedly forging documents, with a two-year probation;
3. The U.S. Securities and Exchange Commission (SEC) has accepted the submission of the amendment to the Franklin Crypto Index ETF, boosting market expectations;
4. MARA announces the acquisition of 15,574 bitcoins, bringing its total holdings to 44,394, with bitcoin reserves continuing to grow;
5. German regulators demand that Worldcoin delete all biometric data collected from human eyeballs, as data privacy issues continue to escalate;
6. Hut 8 surpasses Tesla to become the fourth publicly traded company to hold over 10,000 bitcoins, showcasing its ambitions in the crypto space;
7. The director of El Salvador's Bitcoin Office announces that the official Bitcoin wallet Chivo may face sale or discontinuation, with a complex market response.
Trump-Backed Hut 8 Secures $330 Million Loans to Expand by 1.5 GW
Hut 8, a well-known Bitcoin mining company that is gradually transforming into a key player in digital infrastructure, has announced a major financial move. The company secured $330 million in credit lines from Two Prime and Coinbase to accelerate the development of large-scale data centers in the United States.
The Most Ambitious Growth Plan in Company History
The new financing aims to activate 1.53 gigawatts of previously exclusive projects and move them into the development stage. This represents Hut 8’s boldest expansion plan to date.
Investors reacted quickly – shares of Hut 8 rose by more than 9% following the announcement on Tuesday, August 26.
Once all projects are completed, the company will operate more than 2.5 gigawatts of capacity across 19 locations, positioning it among the largest publicly traded players in digital infrastructure.
New Projects in Louisiana, Texas, and Illinois
Hut 8 also reclassified four U.S. sites from “exclusive” to “actively developing.”
🔹 Louisiana campus – 300 MW
🔹 large hub in Texas – 1,000 MW
🔹 Illinois facility – 180 MW
In total, these projects will bring 1.53 GW of new capacity.
This expansion will significantly broaden Hut 8’s operations. Until now, the company has run mining centers primarily in Canada and the U.S., but these new projects push it deeper into energy-intensive applications – from cryptocurrency mining to high-performance computing (HPC) and AI-related services.
AI and Bitcoin: Two Pillars of Growth
This is not the first sign that Hut 8 is betting on the intersection of crypto and AI. Earlier this year, it began building a $2.5 billion AI data center in Louisiana designed to host some of the largest GPU clusters in North America.
With the new financing, the company is doubling down – on one side strengthening its Bitcoin mining operations, while on the other developing the kind of high-demand infrastructure that AI clients are willing to pay a premium for.
Financial Strategy and Capital Support
The $330 million loan package comes with a weighted cost of capital of 8.4%. These funds complement an already announced $1 billion at-the-market equity program and Hut 8’s Bitcoin reserves, which exceed 10,000 BTC – worth around $1.2 billion.
By combining equity, debt, and crypto reserves, Hut 8 has created flexibility to pursue aggressive expansion without relying solely on Bitcoin’s next halving cycle.
Challenges and Risks
The ambitious expansion also comes with challenges. Hut 8 must manage tight construction timelines, secure long-term energy supplies, and compete with established data center operators already chasing the insatiable demand for AI computing power.
Any delays or cost overruns could strain its balance sheet, even with diversified funding sources.
At the same time, Hut 8 is betting that demand for AI will remain strong for years to come, ensuring a stable customer base beyond Bitcoin mining. Positioned at the crossroads of two of the fastest-growing sectors in digital infrastructure – crypto and AI – the company aims to cement its market presence.
Investors Back the Expansion
So far, markets seem to reward this ambition. Hut 8 now has:
🔹 $330 million in new loans
🔹 $1 billion in equity programs
🔹 $1.2 billion in Bitcoin reserves
This capital provides a strong financial cushion for projects that could secure Hut 8’s position as a leading force in the digital infrastructure sector.
#Hut8 , #TRUMP , #bitcoin , #CryptoMining , #AI
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
The Most Ambitious Growth Plan in Company History
The new financing aims to activate 1.53 gigawatts of previously exclusive projects and move them into the development stage. This represents Hut 8’s boldest expansion plan to date.
Investors reacted quickly – shares of Hut 8 rose by more than 9% following the announcement on Tuesday, August 26.
Once all projects are completed, the company will operate more than 2.5 gigawatts of capacity across 19 locations, positioning it among the largest publicly traded players in digital infrastructure.
New Projects in Louisiana, Texas, and Illinois
Hut 8 also reclassified four U.S. sites from “exclusive” to “actively developing.”
🔹 Louisiana campus – 300 MW
🔹 large hub in Texas – 1,000 MW
🔹 Illinois facility – 180 MW
In total, these projects will bring 1.53 GW of new capacity.
This expansion will significantly broaden Hut 8’s operations. Until now, the company has run mining centers primarily in Canada and the U.S., but these new projects push it deeper into energy-intensive applications – from cryptocurrency mining to high-performance computing (HPC) and AI-related services.
AI and Bitcoin: Two Pillars of Growth
This is not the first sign that Hut 8 is betting on the intersection of crypto and AI. Earlier this year, it began building a $2.5 billion AI data center in Louisiana designed to host some of the largest GPU clusters in North America.
With the new financing, the company is doubling down – on one side strengthening its Bitcoin mining operations, while on the other developing the kind of high-demand infrastructure that AI clients are willing to pay a premium for.
Financial Strategy and Capital Support
The $330 million loan package comes with a weighted cost of capital of 8.4%. These funds complement an already announced $1 billion at-the-market equity program and Hut 8’s Bitcoin reserves, which exceed 10,000 BTC – worth around $1.2 billion.
By combining equity, debt, and crypto reserves, Hut 8 has created flexibility to pursue aggressive expansion without relying solely on Bitcoin’s next halving cycle.
Challenges and Risks
The ambitious expansion also comes with challenges. Hut 8 must manage tight construction timelines, secure long-term energy supplies, and compete with established data center operators already chasing the insatiable demand for AI computing power.
Any delays or cost overruns could strain its balance sheet, even with diversified funding sources.
At the same time, Hut 8 is betting that demand for AI will remain strong for years to come, ensuring a stable customer base beyond Bitcoin mining. Positioned at the crossroads of two of the fastest-growing sectors in digital infrastructure – crypto and AI – the company aims to cement its market presence.
Investors Back the Expansion
So far, markets seem to reward this ambition. Hut 8 now has:
🔹 $330 million in new loans
🔹 $1 billion in equity programs
🔹 $1.2 billion in Bitcoin reserves
This capital provides a strong financial cushion for projects that could secure Hut 8’s position as a leading force in the digital infrastructure sector.
#Hut8 , #TRUMP , #bitcoin , #CryptoMining , #AI
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
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The Trump Family Enters the Bitcoin Mining Sector – A Conspiracy to Dominate US Crypto?
The family of US President Donald Trump continues to expand its influence in the cryptocurrency industry by partnering with Hut 8 Corp. to launch a project focusing on Bitcoin mining. This is seen as a strategic move, reinforcing Trump's increasingly close relationship with the crypto industry. Is this plan merely a business deal or does it harbor greater ambitions?
American Bitcoin Corp. – The Trump Family's “Bitcoin Mining Machine”
American Bitcoin Corp. – The Trump Family's “Bitcoin Mining Machine”
🚀 Building America’s Bitcoin Backbone with Hut 8 🇺🇸💥
🔥 A massive leap for Bitcoin infrastructure in the U.S.!
Hut 8 has powered up one of the largest mining facilities — the Vega site, spanning 162,000 sq. ft. in Texas and connected to 205 MW from the ERCOT Grid and wind farms 🌬️⚡
💪 Speed & Scale:
⚙️ From site acquisition (July ‘24) to full energization (June ‘25) — under 1 year!
⚡ Powered by sustainable energy and cutting-edge cooling tech
🏗️ Hut 8 Architecture Highlights:
💧 120,000 gallons of direct-to-chip liquid cooling
🖥️ Rack design supports 180 kW/rack (50% higher than NVIDIA’s 120 kW GPUs)
🔋 Houses up to 17,280 BITMAIN servers for top-tier mining performance
🌎 The future of Bitcoin mining is fast, efficient, and sustainable — and Hut 8 is leading the way.
$BTC
@Bitcoin
#Bitcoin #Mining #Hut8 #Blockchain #BTC
🔥 A massive leap for Bitcoin infrastructure in the U.S.!
Hut 8 has powered up one of the largest mining facilities — the Vega site, spanning 162,000 sq. ft. in Texas and connected to 205 MW from the ERCOT Grid and wind farms 🌬️⚡
💪 Speed & Scale:
⚙️ From site acquisition (July ‘24) to full energization (June ‘25) — under 1 year!
⚡ Powered by sustainable energy and cutting-edge cooling tech
🏗️ Hut 8 Architecture Highlights:
💧 120,000 gallons of direct-to-chip liquid cooling
🖥️ Rack design supports 180 kW/rack (50% higher than NVIDIA’s 120 kW GPUs)
🔋 Houses up to 17,280 BITMAIN servers for top-tier mining performance
🌎 The future of Bitcoin mining is fast, efficient, and sustainable — and Hut 8 is leading the way.
$BTC
@Bitcoin
#Bitcoin #Mining #Hut8 #Blockchain #BTC
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