PANews reported on December 19 that according to Coindesk, listed Bitcoin mining company Hut 8 announced that it has increased its holdings of 990 BTC at an average price of US$101,710. The current total Bitcoin holdings have reached 10,096, with a market value of approximately US$1 billion.

In addition, Hut 8 CEO Asher Genoot also stated that he would seize the opportunity to buy more Bitcoin on the open market in the future.