Blockchain technology leader Bitfury completes planned transfer of Hut 8 shares
16 Febrero 2021 - 8:32AM
Bitfury Holding BV announced today the company sold 8,477,687
common shares of Hut 8 Mining Corp. (TSX-V: HUT). The company also
filed on February 12, 2021 an intention to transfer, via secondary,
an additional 8,500,000 common shares of Hut 8. Bitfury intends to
use the proceeds from such sales for accelerated R&D,
specifically around its next-generation ASICs chip development,
which will positively influence Bitfury’s growing global ecosystems
of customers and partners, inclusive of Hut 8. The proceeds will
also be leveraged for bolstering Bitfury’s capital structure.
“Since the incorporation of Hut 8, Bitfury has been
a shareholder and key technology and service partner for Hut 8’s
data centers,” shares Valery Vavilov, founder and CEO of Bitfury.
“Throughout this time, Hut 8 has continued to show growth and
sustainable business practices, steadily building toward an
independent and strong infrastructure despite challenging market
conditions. Under CEO Jaime Leverton and her leadership, we have
seen this momentum increase significantly and are confident this
will continue as we move forward and continue to grow our
partnership.”
Since its inception in 2009, The Bitfury Group has
been a leading full-service blockchain technology company and one
of the largest private infrastructure providers in the blockchain
ecosystem. The world’s leading provider of large-scale digital
asset infrastructure solutions with headquarters in Amsterdam and
operations in the UK, Canada, Japan, Hong Kong, Korea, Norway,
Georgia and Kazakhstan, Bitfury has designed seven generations of
its own specialized micro-chips and has deployed and operates
several data centers for customers and its own operations in six
countries. The World Economic Forum Recognized Bitfury as
“Technology Pioneer” in 2019. Forbes included Bitfury into its
prestigious FinTech 50 lists in 2018 and 2019 and into the Forbes
Blockchain 50 list in 2019 and 2020.
About The Bitfury GroupThe Bitfury
Group is the world's leading full-service blockchain technology
company. Bitfury™ is building solutions for the future, with the
most significant technologies of the millennium. Our mission is to
make the world more transparent and trusted by innovating at every
level of technology – hardware, security, and software – to put
trust back into the equation. Founded in 2011, Bitfury is the
leading security and infrastructure provider for the Bitcoin
Blockchain. In addition to securing the Bitcoin Blockchain, Bitfury
also designs and produces innovative hardware that keeps
cryptocurrencies and blockchains secure, including custom
semiconductor chips and mobile data centers. Bitfury is also a
software provider for some of the world's most cutting-edge
applications through its Exonum™ private blockchain framework, and
its Crystal™ Blockchain advanced analytics platform. To learn more,
visit www.bitfury.com.
For Bitfury media inquiries, please contact:Anya
NelsonScratch Marketing + Media for
Bitfurybitfury@scratchmm.com
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