CEO who doubled company scale reveals 1.5GW Bitcoin expansion that jumped stock 10%
Key Points
- Hut 8 Mining Corp announces a massive 1.5 gigawatt expansion...
Mining difficulty just hit 127.6 trillion - a number so large it makes your mortgage look like pocket change - yet Hut 8 Mining Corp decided this was the perfect time to announce a 1.5 gigawatt expansion across Texas, Louisiana, and Illinois. Their stock rewarded this apparent madness with a 10% surge on August 26th, proving once again that in crypto, timing beats logic.
CEO Asher Genoot isn't just expanding for kicks. With U.S. miners controlling over 75% of global hash rate, he's positioning Hut 8 to double its scale while everyone else is still figuring out their electricity bills. The com...
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