American Bitcoin, a majority-owned subsidiary of crypto mining firm Hut 8, has raised $220 million to buy Bitcoin mining equipment and to bolster the company’s Bitcoin treasury.According to a regulatory filing, 11 million shares were issued in a priv

Bitcoin infrastructure firm Hut 8 (ticker HUT) has doubled its credit facility with Coinbase Credit to $130 million, the companies said on Tuesday, touting improved terms including a fixed 9% interest rate and stronger collateral protections.The expa

By Adriano MarcheseGryphon Digital Mining has agreed to acquire Hut 8's subsidiary American Bitcoin in a go-public transaction.The transaction would be completed by way of a stock-for-stock transaction in the third quarter of this year, Hut 8 said Mo

American Bitcoin Corp., a Trump family-backed crypto mining operation, has plans to raise additional capital, including through an initial public offering (IPO), according to an April 1 report by Bloomberg. On March 31, Hut 8 — a publicly traded Bitc

Hut 8 Corp., a North American bitcoin miner, has unveiled plans to enhance its application-specific integrated circuit (ASIC) fleet, aiming for a boost in self-mining efficiency and expanded hashrate capacity by early 2025. Hut 8 Moves to Boost Minin

On Sept. 19, Hut 8 announced a major hosting agreement with Bitmain, aiming to generate $125 million annually. H.C. Wainwright analysts view this move positively as management shifts to offense and carries out a major deal. Under the deal, Hut…