Expansion PlansThe company unveiled plans to develop four new U.S. sites with 1.53 GW of capacity, which would establish it as one of the largest owners of power for AI/HPC workloads, bitcoin mining, or other purposes.
Liquidity And ResourcesHUT has up to $2.4 billion in liquidity available to support the buildout of its energy infrastructure platform, including cash, bitcoin holdings, and available credit facilities.
Recurring RevenuesNearly 90% of Hut 8's total energy capacity under management is now tied to 1+ year contracts generating recurring revenues for the firm.