Market Capitalization:2 131 590 911 471,3 USD
Vol. in 24 hours:87 371 859 487,9 USD
Dominance:BTC 58,05%
ETH:9,28%
Market Capitalization:2 131 590 911 471,3 USD
Vol. in 24 hours:87 371 859 487,9 USD
Dominance:BTC 58,05%
ETH:9,28%
Market Capitalization:2 131 590 911 471,3 USD
Vol. in 24 hours:87 371 859 487,9 USD
Dominance:BTC 58,05%
ETH:9,28%
Market Capitalization:2 131 590 911 471,3 USD
Vol. in 24 hours:87 371 859 487,9 USD
Dominance:BTC 58,05%
ETH:9,28%
Market Capitalization:2 131 590 911 471,3 USD
Vol. in 24 hours:87 371 859 487,9 USD
Dominance:BTC 58,05%
ETH:9,28%
Market Capitalization:2 131 590 911 471,3 USD
Vol. in 24 hours:87 371 859 487,9 USD
Dominance:BTC 58,05%
ETH:9,28%
Market Capitalization:2 131 590 911 471,3 USD
Vol. in 24 hours:87 371 859 487,9 USD
Dominance:BTC 58,05%
ETH:9,28%
Market Capitalization:2 131 590 911 471,3 USD
Vol. in 24 hours:87 371 859 487,9 USD
Dominance:BTC 58,05%
ETH:9,28%
Market Capitalization:2 131 590 911 471,3 USD
Vol. in 24 hours:87 371 859 487,9 USD
Dominance:BTC 58,05%
ETH:9,28%
Market Capitalization:2 131 590 911 471,3 USD
Vol. in 24 hours:87 371 859 487,9 USD
Dominance:BTC 58,05%
ETH:9,28%
Yes

Hut 8 is set to build a 352MW AI data center in Texas, valued at $4.25 billion.

crypthub
Hut 8 is set to build a 352MW AI data center in Texas, valued at $4.25 billion.

Hut 8 Funds AI Data Center Expansion in Texas

Hut 8 successfully priced senior secured notes totaling $4.25 billion. These funds are allocated to finance the development of a large artificial intelligence (AI) data center project situated in Texas.

Strategic Shift from Bitcoin Mining

This major funding initiative represents a key strategic pivot for the company. Hut 8 is actively transitioning its operational focus away from traditional Bitcoin mining. Instead, the company is concentrating on establishing expansive, power-backed digital infrastructure to support the growing demand for AI applications.