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Hut 8 Mining Corp Stock News
$40.16
8.98%
yesterday
Nasdaq,
Dec 17, 10:18 pm CET
Why the stock moved Beta
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Hut 8 Corp. secured a transformative 15-year, $7B triple-net lease with Fluidstack for 245 MW at its River Bend data center. This deal accelerates HUT's pivot from crypto mining to AI-focused digital infrastructure, with Google providing a financial backstop for lease payments. Annual NOI from the lease is projected at $454M, with per-MW economics outpacing comparable deals and renewal options ...
Hut 8 is partnering with Fluidstack to build a large artificial-intelligence data center in Louisiana for Anthropic, backed by a $7 billion lease, where Hut 8 will develop and deliver the power needed to run the facilities.
Shares of crypto miner Hut 8 jumped nearly 17% in premarket trading on Wednesday after the company announced a major artificial intelligence infrastructure partnership with Anthropic and cloud compute provider Fluidstack.
Hut 8 has signed a deal valued at about $7 billion to lease a data center in Louisiana, it said on Wednesday, as former cryptocurrency miners pivot to meet surging demand for artificial intelligence infrastructure.
MIAMI , Dec. 17, 2025 /PRNewswire/ -- Hut 8 Corp. (Nasdaq, TSX: HUT) ("Hut 8" or the "Company"), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases, today announced a partnership with Anthropic and Fluidstack to accelerate the deployment of hyperscale AI infrastructure in the United States. As par...
Recent Bitcoin price action has done little to prop up Hut 8's valuation, as most Bitcoin miners have been hit hard in today's session. A leveraged Bitcoin mining model works in a rising price environment, but some investors appear willing to call it quits.
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