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18 | Follower
Cointelegraph
09.05.2025
Despite a $134.3 million net loss in Q1 2025, Hut 8 boosted its hashrate by 79%, propelled by strategic investments and the launch of its American Bitcoin subsidiary.
The co-founder of Sweat sees the company’s key priority as “building frictionless user flows that introduce millions of mainstream users to multichain DeFi, simply by walking and engaging with our wallet”.
Ethereum could recover to $3K in May, but fees and ETF flows still present concerns for the bulls.
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