Canadian Miner Hut 8 Closed 2021 With 5,518 Bitcoin in Reserve

Canadian crypto mining firm Hut 8 (HUT) had 5,518 bitcoin (approximately $256 million at current prices) in its reserves on Dec. 31, 2021, according to a Wednesday press release.

Read more: Hut 8 Sticks to Its ‘Hodl’ Strategy After Mining 265 Bitcoins in November

CORRECTION (Jan. 5, 14:31 UTC): A previous version of this story incorrectly stated that the current worth of Hut 8′s bitcoin reserves was $220 million.

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