Hut 8 and American Bitcoin Keep Stacking BTC
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Even as profitability tightened across the sector, Hut 8 continued accumulating Bitcoin. The company now ranks ninth among global Bitcoin treasury holders, with 13,696 BTC worth more than $1.2 billion, according to industry data.
Its majority-owned subsidiary, American Bitcoin, also holds a significant treasury of over 5,000 BTC. Together, the two firms stand out among miners that not only survived the downturn but continued building long-term exposure to Bitcoin.
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between hut 8 and american bitcoin still adding to Bitcoin, this feels like playing the long game instead of just chasing blocks