Bitfury completes planned transfer of Hut 8 shares
Feb 16, 2021
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Bitfury Holding BV announced today the company sold 8,477,687 common shares of Hut 8 Mining Corp. (TSX-V: HUT). The company also filed on February 12, 2021 an intention to transfer, via secondary, an additional 8,500,000 common shares of Hut 8. Bitfury intends to use the proceeds from such sales for accelerated R&D, specifically around its next-generation ASICs chip development, which will positively influence Bitfury’s growing global ecosystems of customers and partners, inclusive of Hut 8. The proceeds will also be leveraged for bolstering Bitfury’s capital structure.
Bitfury Hires Director for Digital Assets Investment Program
Dec 17, 2020
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Today, the Bitfury Group announced Tyler Page had joined its executive team as head of business development for its digital asset infrastructure products and services. In this role, Page will be overseeing Bitfury’s digital asset investment program announced in May, designed to provide an avenue for institutional and professional investors to diversify their portfolios into digital currency operations.
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