A wallet reportedly belonging to Strategy (formerly MicroStrategy) transferred another 1,030 Bitcoin (BTC), worth roughly $66.14 million, on Wednesday. On-chain tracker, Lookonchain, flagged the move. Strategy has not confirmed any sale, and the transfer alone does not prove one. Still, the timing has revived
Hut 8 stock dropped 9.74% to $101.16 on Tuesday after the company reported second-quarter earnings. Revenue climbed 81% year over year to $74.9 million, while net losses reached $177.1 million. The Bitcoin (BTC) miner turned AI data center developer recovered 1.29% to $102.47 in after-hours trading. Investors appear