According to Coindesk, the listed Bitcoin mining company Hut 8 announced that it has increased its holdings by 990 BTC at an average price of $101,710. The current total amount of Bitcoin held is 10,096 coins, with a market value of approximately $1 billion.
In addition, Hut 8 CEO Asher Genoot also stated that he will seize opportunities to buy more Bitcoins on the open market in the future.