Canada based Bitcoin miner Hut 8 raises $8.3M in funding round

posted 9 days ago
Miner Hut 8 raised a total of $8.3 million from selling a 6% equity stake, approximately $800,000 more than the original $7.5 million funding target.

The Toronto-listed Bitcoin mining company says the funding will keep it competitive as smaller entities with older equipment feel the pinch from last month’s halving.
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