Q3 and October BTC sales retired 3.3M shares
Company: Hut 8
The claim, verbatim
Hut 8 sold about 954 BTC for $74.8 million in the quarter and about 2,148 BTC for $175.4 million in October, retiring 3.3 million shares for a combined $250 million.
Source (primary)
Riot (RIOT) And Hut 8 (HUT) Sell Thousands Of Bitcoin To Fund AI Ventures, Share Buybacks - Bitcoin Magazine (-, news_article)
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Quote: “It sold about 954 bitcoin for $74.8 million in the quarter and about 2,148 BTC for $175.4 million in October, retiring 3.3 million shares for a combined $250 million.”
How we checked this
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Additional evidence
confirms Riot (RIOT) And Hut 8 (HUT) Sell Thousands Of Bitcoin To Fund AI Ventures, Share Buybacks - Bitcoin Magazine
Quote: “It sold about 954 bitcoin for $74.8 million in the quarter and about 2,148 BTC for $175.4 million in October, retiring 3.3 million shares for a combined $250 million.”