BULLISH ON BITCOIN, YOU MUST BE BULLISH ON BLOCKCHAIN GROWTH w/ Sue Ennis – Hut8

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Joining Cassandra on the Daily Dive today is the returning Suzanne Ennis, VP of Investor Relations and Corporate Development at Hut 8 Mining (TSX: HUT, NASDAQ: HUT). She talks about El Salvador’s 1 billion bitcoin bond issue, the aftermath of DOJ’s 3.6 billion bitcoin seizure related to Bitfinex hack, the outlook for bitcoin price after a 52% drop, and the Ethereum price action. Suzanne further discussed Hut 8’s acquisition of TeraGo data centres, the launch of Intel’s crypto mining chip ASIC, and the company’s plans for its bitcoin balance.

00:00 Intro
00:52 El Salvador & bitcoin
02:30 Biitfinex hack
04:31 Bitcoin price
06:37 Ethereum price
07:43 TeraGo data centre acquisition
10:06 Intel’s ASIC
11:35 Hut 8’s bitcoin reserve

Hut 8 prides itself as one of North America’s oldest and largest digital asset miners, navigating the Bitcoin market cycles and supporting sovereign systems since 2018. It is the first publicly traded miner on the TSX and the first Canadian miner to be listed on The Nasdaq Global Select Market. The crypto miner claims to have one of the highest installed capacity rates in the industry and holds more self-mined bitcoin than any crypto miner or publicly traded company globally.

#Bitcoin #Ethereum #Blockchain
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