
Hut 8 sold 3,102 Bitcoin to buy back $250M of its stock, causing a 16.4% stock drop amid revenue miss.
Hut 8 sold 3,102 Bitcoin to fund a $250 million stock buyback, reducing shares and Bitcoin exposure. Despite this, its stock dropped 16.4% after reporting $71.1 million revenue, below expectations. The company plans up to $1 billion in buybacks amid ...



