From Bitcoin Mining to AI Infrastructure

[cryptobro]

Beyond mining, Hut 8 has been aggressively diversifying. In December, the company signed a $7 billion agreement with Fluidstack to supply 245 megawatts of energy for an AI data center over a 15-year term—one of the largest deals ever between a crypto-native firm and an AI infrastructure provider.

This pivot into AI and high-performance computing reflects a broader strategy to stabilize revenue beyond Bitcoin block rewards. As AI demand surges globally, Hut 8 is positioning itself as an energy and infrastructure player, not just a miner.

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$7b ai data center deal is wild for a “bitcoin miner”, this space is changing fast