Hut 8 Mining p(US:HUT) The Motley Fool·2025-12-18 00:32Core 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].