Hut 8 Mining p(HUT)
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Why Hut 8 Stock Popped Today
The Motley Fool· 2025-12-18 00:32
Core Insights - Hut 8 is transitioning from a Bitcoin mining company to a significant player in the artificial intelligence (AI) power-generation sector, highlighted by a partnership with Anthropic and a substantial data center lease agreement [1][3]. Business Transition - After spinning off its Bitcoin-mining operations, Hut 8 is focusing on high-performance energy infrastructure for AI factories, which is further supported by a deal with Anthropic [3][4]. Infrastructure Agreement - Hut 8 will collaborate with Fluidstack to provide between 245 megawatts (MW) and 2,295 MW of AI data center infrastructure to Anthropic at its River Bend campus in Louisiana [4]. Financial Details - Hut 8 has signed a 15-year lease agreement worth $7 billion with Fluidstack, expecting to generate an average annual net operating income of $454 million [7]. Backing and Support - Google is providing financial backing for the lease payments, while J.P. Morgan and Goldman Sachs are involved in financing the deal [7]. Market Performance - Following the announcement of the partnership and lease agreement, Hut 8's shares increased by nearly 9%, with a current market cap of $4.0 billion [1][5].
Hut 8 Corp. (HUT) Discusses AI Infrastructure Partnership and Major Data Center Lease with Anthropic and Fluidstack Transcript
Seeking Alpha· 2025-12-17 21:29
PresentationSuzanne EnnisHead of Investor Relations [Audio Gap] Asher Genoot, CEO of Hut 8. So today, Hut 8 announced 2 major announcements. We announced an AI infrastructure partnership with Anthropic and Fluidstack, where Hut will develop at least 245 megawatts of infrastructure and up to 2.3 gigawatts of AI data center infrastructure for Anthropic, one of the leading AI labs who will be leveraging Fluidstack's clusters. We also announced the signing of a 15-year 245-megawatt AI data center lease at our R ...
Hut 8 Secures $7B AI Data Center Lease With Fluidstack: What Investors Need To Know
Seeking Alpha· 2025-12-17 17:53
Core Insights - Hut 8 Corp. has signed a long-term, 15-year, triple-net lease valued at $7.0 billion with Fluidstack, which is expected to significantly impact its stock performance [1] Company Summary - The lease agreement involves 245 MW, indicating a substantial commitment to infrastructure and operational capacity [1] Industry Context - The deal reflects ongoing trends in the technology and energy sectors, particularly in the context of data centers and cryptocurrency mining, where companies are seeking long-term partnerships to secure energy resources [1]
Hut 8 (NasdaqGS:HUT) Earnings Call Presentation
2025-12-17 17:00
Partnership Overview - Hut 8 will deliver and deploy at least 245 MW and up to 2,295 MW of AI data center infrastructure for Anthropic, leveraging high-performance clusters operated by Fluidstack[13] - The partnership aims to deploy 2,295 MW of infrastructure[14] Tranche Details - Tranche 1 involves 245 MW of IT capacity at the River Bend Campus in Louisiana, supported by 330 MW of utility capacity[15] - Tranche 2 includes a Right of First Offer (ROFO) for up to 1,000 MW of additional IT capacity at River Bend, contingent on power expansion[15] - Tranche 3 may involve jointly developing up to 1,050 MW of additional optional capacity across Hut 8's development pipeline beyond River Bend[15] Timeline - Hut 8 plans to bring additional capacity online by early 2027[18]
X @Decrypt
Decrypt· 2025-12-17 15:53
Bitcoin Miner Hut 8's Stock Soars After Inking $7 Billion Google-Backed AI Deal► https://t.co/ieGz6L75S2 https://t.co/ieGz6L75S2 ...
Bitcoin Miner Hut 8's Stock Soars After Inking $7 Billion Google-Backed AI Deal
Yahoo Finance· 2025-12-17 15:52
Shares in publicly traded Bitcoin miner Hut8 (HUT) are soaring after the firm booked a new $7 billion, 15-year deal with Fluidstack—backstopped by Google—to provide power for high-performance computing via a 245MW data center at its River Bend campus in Louisiana. HUT was recently changing hands at $42.55 shortly after the opening bell on Wednesday, a gain of more than 15%. HUT is up nearly 13% in the last month, and better than 150% in the last six months. “This agreement is the result of disciplined, pa ...
Hut 8 and Coinbase outperform as Crypto stocks jump on bitcoin's sudden rally
Yahoo Finance· 2025-12-17 15:36
Shares of crypto-linked companies are rallying after the price of bitcoin (BTC) surged more than 2.8% in an hour to rise above $90,000, marking a fresh high and reigniting interest across the sector. The price jump triggered gains across mining stocks, trading platforms and cryptocurrency infrastructure firms. Bitcoin miner Hut 8 (HUT) outperformed the wider sector, rising 14.4% to $42, while rival CleanSpark (CLSK) saw a 5.1% rise after the opening bell to top $12, and Riot Platform (RIOT) rose 3.5% to n ...
Toro, DBV Technologies, Udemy, ABM Industries And Other Big Stocks Moving Higher On Wednesday - ABM Indus (NYSE:ABM), AXT (NASDAQ:AXTI)
Benzinga· 2025-12-17 15:07
Group 1: Toro Co Performance - Toro Co reported quarterly earnings of 91 cents per share, exceeding the analyst consensus estimate of 87 cents per share [1] - The company achieved quarterly sales of $1.066 billion, surpassing the analyst consensus estimate of $1.048 billion [1] - Following the earnings report, Toro's shares rose by 7% to $77.82 [1] Group 2: Other Notable Stock Movements - DBV Technologies SA shares increased by 35.5% to $24.36 after meeting primary endpoints in the Phase 3 VITESSE trial [3] - Udemy Inc gained 26.5% to $6.79 due to an all-stock merger agreement with Coursera [3] - Kodiak Sciences Inc jumped 16.7% to $28.16 after announcing a public offering of common stock [3] - Hut 8 Corp rose 16.3% to $42.88 following a partnership to accelerate AI infrastructure deployment and a $7.0 billion lease agreement [3] - Canopy Growth Corp increased by 16.2% to $2.13 amid reports of potential reclassification of marijuana [3] - Recursion Pharmaceuticals Inc gained 13.2% to $4.76 after an upgrade from JP Morgan [3] - Two Harbors Investment Corp surged 13.2% to $11.21 due to an acquisition announcement [3] - Quantumscape Corp gained 7.7% to $11.66 after signing a joint development agreement with a top-10 global automaker [3] - Jabil Inc reported better-than-expected earnings, leading to a 7% increase in shares to $227.50 [3]
美股三大指数集体高开,亚马逊涨近1%
Ge Long Hui· 2025-12-17 14:33
美股开盘,三大指数集体上涨,纳指涨0.1%,标普500指数涨0.05%,道指涨0.12%。 亚马逊涨近1%,OpenAI据报拟从亚马逊融资至少100亿美元,并使用其AI芯片。 美光科技涨近2%,盘后业绩放榜,获小摩列入明年半导体投资首选股名单。 甲骨文跌超3%,密歇根数据中心项目因Blue Owl基金融资谈判陷入僵局而前景不明。 加密货币矿商Hut 8涨超12%,与Anthropic和Fluidstack签署70亿美元人工智能数据中心租约。 (格隆汇) ...
Hut 8 Surges As Ex-Bitcoin Miner Gets Anthropic Deal, Google Backstop
Investors· 2025-12-17 14:23
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