Hut 8 Mining's CEO on merger with US Bitcoin - BNN Bloomberg

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 50%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

The newly announced merger of US Bitcoin and Hut 8 Mining Corp will provide diversified revenue and help the combined business scale, according to the chief executive of the Toronto-based crypto mining company.

and Hut 8 Mining‘s Jaime Leverton will continue to act as the chief executive officer. The combined company will be named Hut 8 Corp. and will be domiciled in the U.S. “We think bringing these two entities together is just going to provide an incredible amount of scale [and] diversified revenue programs, which is very on strategy for both of us independently,” Leverton said in an interview with BNN Bloomberg Tuesday.

“One of the advantages here is [that the merger is] giving us that geographic diversification. There's uncertainty in regulatory environments on both sides of the border,” she said. Following the collapse of FTX Group in November 2022, Leverton said interest in the crypto space is beginning to return.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 83. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Hut 8 Mining’s merger with US Bitcoin brings revenue diversification: CEO - BNN BloombergThe newly announced merger of US Bitcoin and Hut 8 Mining Corp will provide diversified revenue and help the combined business scale, according to the chief executive of the Toronto-based crypto mining company.
La source: BNNBloomberg - 🏆 83. / 50 Lire la suite »

Bitcoin miners Hut 8, US Bitcoin to combine in stock merger as crypto prices continue to slumpWith Bitcoin prices still suppressed, miners Hut 8 and US Bitcoin have decided to merge in a US$900 million all\u002Dstock deal. Read on. Great time to buy $HUT shares imo. Criminals hoping for their success!
La source: financialpost - 🏆 7. / 85 Lire la suite »