“The merger of equals of Hut 8 and US Bitcoin Corp was a transformational moment for both companies,” Hut 8 Chairman Bill Tai said in a statement. “Hut 8 is now at a pivotal inflection point, and we believe that Asher is uniquely qualified to accelerate our path to market leadership.”
Crypto’s Transition: Bringing Capital Onshore
Of this approximately $700 trillion, about $685 trillion is considered an “onshore” asset – that is, they are held by...