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Hut 8’s $7 billion cash balance shrinks to $233 million outside its AI projects

Hut 8’s $7 billion cash balance shrinks to $233 million outside its AI projectsWorldPing

Most of the balance is dedicated to project construction and debt service, while quarterly interest expense reached $51.2 million.

This is a short WorldPing brief. The full report was published by CryptoSlate.

Read the full report at CryptoSlate

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