Hut 8 CEO: Building a strategic Bitcoin reserve based on operational strategy and capital management choices

Odaily Planet Daily News: Asher Genoot, CEO of Nasdaq-listed Bitcoin mining company Hut 8, wrote on the X platform to explain why the company chose to establish a strategic Bitcoin reserve. He said: "Fundamentals-first operating strategy + active capital management = excellent value creation potential."
According to the screenshots shared by Asher Genoot, Hut 8's strategic Bitcoin reserves support the flywheel effect, combining capital and operational strategies to accelerate value creation across the business. Its capital strategies include: allocating capital to projects with high ROLC, capturing BTC price increases and strengthening the balance sheet, increasing strategic BTC reserves through low-cost production and strategic market purchases, and focusing on providing shareholders with excellent long-term returns; its operational strategies include: expanding scale and geographic scope, developing digital infrastructure platforms, expanding the scale of BTC mining and reducing BTC mining costs.