Hut 8 CEO: The current balance sheet Bitcoin holdings are 9,100
Asher Genoot, CEO of Hut 8, a bitcoin mining company listed on the US stock market, posted on X platform that the company's balance sheet already holds 9,100 BTC. He also initiated a survey to ask the community whether the company should increase its bitcoin reserves on its balance sheet. Out of 23,331 votes so far, 93.1% believe that the company should increase its bitcoin holdings.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Panama City Council makes history as the first government institution accepting crypto payments
Share link:In this post: Panama City council voted in favor of becoming the first public institution of government to accept payments in cryptocurrencies. Citizens will now be able to pay taxes, fees, tickets and permits entirely in crypto starting with BTC, ETH, USDC, and USDT. The city partnered with a bank that will receive crypto payments and convert them on the spot to U.S. dollars, allowing for the free flow of crypto in the entire economy.
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