American Bitcoin - Truenewj

Hut 8 CEO says billion data center deal with Google is ‘first domino to fall’

Hut 8 CEO says $7 billion data center deal with Google is ‘first domino to fall’

amefika6 months ago03 mins

The “cryptominer” label is becoming a relic of the past for Hut 8 (HUT). In a move that signals a massive strategic shift, Hut 8 announced a $7 billion deal to build a data center complex in Louisiana for Anthropic (ANTH.PVT). The move effectively trades bitcoin (BTC-USD) volatility for the high-margin stability of AI infrastructure….

This Trump-Linked Crypto Stock Just Crashed. Should you buy the dip when stocks reach deeply oversold levels?

amefika6 months ago03 mins

Shares of American Bitcoin (ABTC) plunged as much as 49% on December 2 amid broader macroeconomic turmoil in the cryptocurrency market. Bitcoin (BTCUSD) is currently down around 30% from its year-to-date high of over $126,000 in early October. This severe correction has led to massive liquidations exceeding $19 billion, affecting more than 1.6 million traders…