Amid miner capitulation, Hut 8 maintained BTC ‘HODL strategy’ in July

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Amid miner capitulation, Hut 8 maintained BTC ‘HODL strategy’ in July
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Just HODL. Many miners have folded to the bear market and reduced their Bitcoin holdings, but not Hut 8, which now holds around 8,000 BTC.

) miner Hut 8 Mining Corp. added to its massive BTC reserves in July, as the firm maintained its long-term “HODL strategy” in the face of market volatility.

The Alberta-based company generated 330 Bitcoin in July at an average production rate of 10.61 BTC per day, bringing its total reserves to 7,736 BTC. Its monthly production rate was equivalent to 113.

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