Hut 8 Corp Sold U.S.-Based Bitcoin Mining Assets to Cipher Mining Inc. Hut 8 Corp has agreed to sell its U.S.-based Bitcoin mining assets to Cipher Mining Inc for a deal worth $68 million, marking a strategic shift in focus for the company as it prioritizes its growing artificial intelligence infrastructure business and optimizes operational efficiency through this divestiture, with proceeds from the sale set to bolster Hut 8's financial position and fuel further investment in its AI initiatives.

Hut 8 Corp Sold U.S.-Based Bitcoin Mining Assets to Cipher Mining Inc. #IESO #BitcoinMining #CipherMining #Hut8Corp #AIInfrastructure #FinancialDeal

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