Mining company Hut 8: As of the end of January, the balance sheet holds 9,116 bitcoins

ChainCatcher news, the encrypted mining company Hut 8 has released its operational update for January 2024, holding 9,116 bitcoins on its balance sheet. Hut 8 has also signed a four-year agreement with Ionic Digital, which includes a possible fifth-year extension, expected to ultimately add over 12 EH/s of computing power and 300 MW of infrastructure for its hosting services business starting in February. The pre-construction work for the 63 MW site acquired by Hut 8 in Culberson County, Texas, is underway.