Hut 8 Stock Jumps on AI Deal with Anthropic, Fluidstack & Data Center Lease
Hut 8 shares experienced a surge, climbing 25% following its artificial intelligence deal with Anthropic and Fluidstack. The bitcoin miner also signed a 15-year data center lease at its River Bend campus in Louisiana with Fluidstack, according to reports. Google is providing a financial backstop for the lease. The development signifies Hut 8's expansion into the AI sector, leveraging its infrastructure for compute-intensive applications. The data center lease further solidifies the company's position in the digital infrastructure space.
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