Hut 8 Breaks Ground on New Mining Site with BTC Reserve Despite Lawsuits

Hut 8 Corp has announced that it will finance its short-term expansion using the nine thousand Bitcoins that are listed on its balance sheet. The firm also announced that it will be constructing a new Bitcoin mining site in Texas to enhance its growth. Hut 8’s expansion plans come at a time when the company is undergoing lawsuits regarding multiple security issues.