TechFlow reports that Bitcoin mining company Hut 8 Mining produced 112 bitcoins in October. Additionally, the company sold 365 bitcoins during the month—comprising 66 bitcoins mined in July, all bitcoins mined in August and September, and 85 bitcoins mined in October—for total proceeds of 14.6 million Canadian dollars (approximately $10.68 million USD).
As of October 31, Hut 8’s total bitcoin holdings amounted to 9,113 bitcoins, of which 7,016 bitcoins were unencumbered.
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