Hut 8 CEO says $7 billion data center deal with Google is 'first domino to fall'

The "crypto miner" label is becoming a relic of the past for Hut 8 (HUT). In a move that signals a massive strategic shift, Hut 8 announced a $7 billion deal to build a data center complex in Louisiana for Anthropic (ANTH.PVT). The move effectively trades the volatility of bitcoin (BTC-USD) for the high-margin stability of AI infrastructure. "We think that the value of energy will continue to go up, and so for us, we [had] to be patient and figure out what was a fair deal that added value to our custome ...