Hut 8 secures $7.5B financing, contracts 949 MW AI data center capacity, boosting growth in AI infrastructure.

Hut 8 shifts focus to AI infrastructure with $7.5B financing despite weak Q2 bitcoin mining results

Hut 8 Corp. is transitioning from bitcoin mining to becoming a power-first, AI-focused infrastructure platform. Despite reporting weak Q2 2026 results with GAAP losses due to bitcoin price volatility, the company improved adjusted EBITDA and expanded...