Hut 8 Mining Stock Price, News & Analysis

Jacobs (NYSE: J) has been selected by Hut 8 (NASDAQ: HUT) to provide Engineering, Procurement and Construction Management (EPCM) services for the River Bend AI data center in Louisiana.

The facility is leased under a 15-year, $7.0 billion lease for 245 MW of IT capacity and anchors a larger planned AI campus. The initial data hall is scheduled for completion and commissioning in Q1 2027, with additional halls coming online through 2027. Jacobs cites its global scale (~$12 billion revenue, ~43,000 staff) and recent delivery experience on large advanced facilities.

Hut 8 (Nasdaq, TSX: HUT) announced a partnership with Anthropic and Fluidstack to deploy hyperscale AI data center infrastructure in the U.S., announced December 17, 2025.

Key terms establish a path to deliver at least 245 MW and up to 2,295 MW of utility capacity across tranches: an initial 245 MW IT deployment at River Bend supported by 330 MW utility; a ROFO for up to 1,000 MW additional at River Bend (subject to power expansion); and an optional joint diligence pipeline of up to 1,050 MW across Hut 8's development sites. A conference call will be held December 17, 2025 at 12:00 p.m. ET.

Hut 8 (Nasdaq, TSX: HUT) entered a definitive share purchase agreement to sell a 310 MW portfolio of four natural gas-fired Ontario power plants to TransAlta (NYSE: TAC; TSX: TA) on Nov 17, 2025.

Hut 8 stabilized the assets after acquiring them out of bankruptcy, secured five-year capacity contracts across the portfolio via the Ontario IESO MT2 auction, and executed operational and commercial measures to restore revenue generation. Hut 8 plans to redeploy proceeds toward its multi-gigawatt digital infrastructure development pipeline and prioritize capital for high-return projects.

Hut 8 (NASDAQ: HUT) reported Q3 2025 results showing $83.5M revenue, $50.6M net income, and $109.0M Adjusted EBITDA. The company reported 1,020 MW Energy Capacity Under Management and an 8,650 MW development pipelinestrategic reserve of 13,696 Bitcoin with a market value of $1.6B as of September 30, 2025.

Compute revenue led results at $70.0M, Hut 8 expanded hashrate to ~26.8 EH/s (American Bitcoin ~25.0 EH/s, fleet efficiency ~16.3 J/TH). Capital actions include a $1B ATM program and a $200M revolver, plus ~$265M of new Bitcoin-backed debt at a WACC of 8.2%.

Hut 8 (Nasdaq: HUT) will release third quarter 2025 financial results before the market opens on November 4, 2025 and will host a conference call and webcast that day at 8:30 a.m. ET.

Investors can register for the webcast at https://app.webinar.net/k2e8ay7nVpb or join by telephone at 1 (888) 880-3330 (U.S.) or 1 (646) 357-8766 (international); callers are asked to dial in ten minutes early. Supplemental materials and supplemental financial information will be posted to the company’s Investor Relations site at hut8.com/investors. The company uses its website and social media (X and LinkedIn) as primary disclosure channels.

Hut 8 Corp. (NASDAQ | TSX: HUT), an energy infrastructure platform, announced the results of its 2025 Annual Meeting of Stockholders. All eight director nominees were successfully elected to the board, with voting results ranging from 39.3 million to 46.7 million votes in favor.

The company currently manages 1,020 megawatts of energy capacity across 15 sites in the United States and Canada, including five Bitcoin mining locations, five high-performance computing data centers, and four power generation assets.

American Bitcoin (NASDAQ:ABTC) has significantly expanded its Bitcoin mining operations by acquiring and energizing ~14 EH/s of installed hashrate across ~16,300 ASIC servers. This expansion increases the company's total installed hashrate from ~10 EH/s to ~24 EH/s, representing a 2.4x growth.

The company's mining fleet maintains an average efficiency of ~16.4 J/TH as of September 1, 2025. In Q2 2025, ABTC's cost of revenue per Bitcoin mined was approximately 50% of revenue per Bitcoin mined, demonstrating significant operational efficiency. The new miners are deployed at the 205-megawatt Vega data center, operated by Hut 8 Corp., featuring direct-to-chip liquid-cooled ASIC servers supporting up to 180 kW per rack.

American Bitcoin (NASDAQ:ABTC) has made its debut on the Nasdaq following a stock-for-stock merger with Gryphon Digital Mining. The company positions itself as a pure-play Bitcoin accumulation platform focused on building America's Bitcoin infrastructure backbone.

As a majority-owned subsidiary of Hut 8 Corp. (NASDAQ|TSX: HUT), American Bitcoin employs a dual strategy combining Bitcoin mining operations with opportunistic market purchases. The company leverages Hut 8's infrastructure and ASIC technology to mine Bitcoin efficiently, while maintaining operational cost advantages through shared services and infrastructure access.

Hut 8 Corp. (NASDAQ | TSX: HUT) has announced a major expansion plan to develop four new sites across the United States, adding 1,530 MW of capacity to its energy infrastructure platform. The expansion includes sites in Louisiana (300 MW), Texas (1,180 MW combined), and Illinois (50 MW).

The company is reclassifying this capacity from "Under Exclusivity" to "Under Development," which will increase its total platform to exceed 2.5 gigawatts across 19 sites upon commercialization. To finance the expansion, Hut 8 has secured significant resources, including 10,278 Bitcoin (valued at ~$1.2B), $330 million in credit facilities, and a new $1 billion ATM equity program.

Currently, Hut 8 has ~90% of its 1,020 MW platform contracted and maintains a total development pipeline of 10,620 MW across various stages of development.