Hut 8 Corp. (NASDAQ/TSX: HUT) is a publicly traded North American energy infrastructure operator and Bitcoin mining company headquartered in Miami, Florida, formed from the 2023 merger of Hut 8 Mining and US Bitcoin Corp. The company focuses on large-scale Bitcoin self-mining, managed services/hosting, high-performance computing (HPC)/AI data centers, GPU-as-a-Service, and power asset optimization. Through its majority-owned subsidiary American Bitcoin (launched 2025), Hut 8 conducts most mining operations, emphasizing fleet upgrades, efficiency improvements, and strategic Bitcoin accumulation (holding ~13,696 BTC as of Q3 2025). Key developments in 2025 include ASIC fleet upgrades, energization of sites like Vega (205 MW), and a pivot toward AI/HPC with major leases (e.g., 245 MW AI data center). As of late 2025 (Q3 reports), Hut 8 reports ~26.8 EH/s total hashrate (~25 EH/s via American Bitcoin) and over 1 GW energy capacity under management, with a development pipeline exceeding 1.5 GW.

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