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Hut 8 has reportedly sold 3,102 BTC since July to fund a stock buyback of approximately $250 million.
According to Bitcoin Magazine, Hut 8 has sold approximately 3,102 Bitcoin since July to fund a stock buyback of about $250 million, including roughly 954 Bitcoin sold in the third quarter and about 2,148 Bitcoin in October. The report also noted that the company's board of directors increased its share repurchase authorization to $1 billion on November 2.
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