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  "slug": "hut-8-corp",
  "name": "Hut 8 Corp.",
  "updatedAt": "2026-10-02T12:57:34.840801Z",
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    {
      "type": "OVERVIEW",
      "text": "Hut 8 Corp. is an energy and digital-infrastructure company operating across Power, Digital Infrastructure, and Compute. Its activities include developing and managing powered land and energy infrastructure; developing and operating data centers for hosting, leasing, and colocation; and operating compute assets and services. Its infrastructure supports Bitcoin mining, cloud and colocation services, and AI and high-performance computing workloads. The company describes its mission as building the future of energy and digital infrastructure. [P90378703][P121051760][P20446420][P10164030][https://www.hut8.com/about-us]\n\nHut 8’s operations span the United States and Canada. At year-end 2025, it reported 1,020 MW of energy capacity under management and FY2025 consolidated revenue of $235.118 million. The company traces its origins to Hut 8 Mining Corp., founded in 2017, and Hut 8 Corp. was formed through its combination with US Bitcoin Corp. in 2023. [T1497005][T11047244][https://www.hut8.com/investors/faq][P87450940]\n[P90378703][P121051760][P20446420][P10164030][https://www.hut8.com/about-us][T1497005][T11047244][https://www.hut8.com/investors/faq][P87450940][https://www.hut8.com/about-us][https://www.hut8.com/investors/faq]",
      "updatedAt": "2026-10-02T12:57:34.840801Z"
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      "type": "PRODUCTS",
      "text": "Hut 8 offers AI data-center capacity through long-term leases and develops infrastructure for high-performance computing. As of Q2 2026, River Bend and Beacon Point represented 949 MW of contracted IT capacity across three 15-year leases; River Bend accounted for 245 MW and Beacon Point Phases 1 and 2 for 352 MW each. [P145958372] Its Vega facility is a 205 MW Tier I data center featuring an in-house-designed direct-to-chip liquid-cooling system. [P145958324]\n\nIts compute services include Highrise AI, an AI cloud offering GPU compute for developing, training, and deploying AI models. [P145958426][https://www.hut8.com/compute] At launch, Highrise AI’s GPU-as-a-Service deployment included 1,000 NVIDIA H100 GPUs; this is a launch-era specification, not a statement of current capacity. [https://www.hut8.com/news-insights/press-releases/hut-8-gpu-as-a-service-vertical-goes-live-with-inaugural-deployment] Hut 8 Canada offers public and private cloud, managed backup, business continuity, disaster recovery, high-capacity storage, and colocation services. [P145958424][https://canada.hut8.com/]\n\nHut 8 also provides ASIC compute for Bitcoin mining, supplying computing capacity to mining pools that operate nodes and validate blockchain blocks. [P145958422] Its power-related services include acquiring, developing, and managing energy assets for data-center development. [P145958317][https://www.hut8.com/power]\n\nFor the six months ended June 30, 2026, Compute generated $138.445 million, or approximately 94.9% of reported revenue; Power generated $4.916 million (3.4%) and Digital Infrastructure $2.588 million (1.8%), out of $145.949 million total. These are segment figures, not revenue splits for individual products or services. [P145800469]\n[P145958372][P145958324][P145958426][https://www.hut8.com/compute][https://www.hut8.com/news-insights/press-releases/hut-8-gpu-as-a-service-vertical-goes-live-with-inaugural-deployment][P145958424][https://canada.hut8.com/][P145958422][P145958317][https://www.hut8.com/power][P145800469][P145800469][P145800469][P145800469][https://www.hut8.com/compute][https://www.hut8.com/news-insights/press-releases/hut-8-gpu-as-a-service-vertical-goes-live-with-inaugural-deployment][https://canada.hut8.com/][https://www.hut8.com/power]",
      "updatedAt": "2026-10-02T12:57:34.840801Z"
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    {
      "type": "GEOGRAPHY",
      "text": "As of June 30, 2026, Hut 8’s ASIC compute sites were located in New York, Alberta, and Texas: Alpha in Niagara Falls, New York; Medicine Hat and Drumheller in Alberta; and Salt Creek, Vega, and King Mountain in Texas. King Mountain is held through a 50% joint venture. [P145801004][T16684945] Its Canadian data center and cloud services operated from five locations: Mississauga and Vaughan, Ontario, and Kelowna and two sites in Vancouver, British Columbia. [P145800995][P145800707][P145800698]\n\nThe company also reported data center projects under construction at River Bend in St. Francisville, Louisiana, and Beacon Point in Nueces County, Texas. [T16684946] In the second quarter of 2026, revenue was $72.231 million from the United States and $2.701 million from Canada, representing approximately 96.4% and 3.6% of total revenue, respectively. [T16684887] Hut 8’s principal executive office is in Miami, Florida. [P145800979] It completed the sale of the Far North joint venture, which owned four Ontario power plants, in February 2026. [P145800585]\n[P145801004][T16684945][P145800995][P145800707][P145800698][T16684946][T16684887][P145800979][P145800585]",
      "updatedAt": "2026-10-02T12:57:34.840801Z"
    },
    {
      "type": "SEGMENTS",
      "text": "Hut 8 reports three segments: **Power**, comprising power generation and managed services that support partners’ energy-infrastructure development and operations; **Digital Infrastructure**, covering ASIC hosting and operation, traditional data-center and cloud services, colocation, and infrastructure for AI/HPC workloads; and **Compute**, encompassing owned compute assets and services, including ASIC Compute, Traditional Cloud, and AI Cloud. The company states that ASIC Compute revenue is primarily generated by American Bitcoin’s mining operations. [P145800977][P145800983][P145800993][P145800995][P145800999][P145801001][P145801003][P145801007]\n\nBy reportable-segment revenue before eliminations, the approximate mix was **64.8% Compute, 28.8% Digital Infrastructure, and 6.4% Power** in the first half of 2026. For full-year 2025, it was **61.2% Compute, 26.1% Digital Infrastructure, and 12.7% Power**. These shares use segment revenue before intercompany eliminations; they therefore differ from each segment’s share of consolidated revenue. [https://www.sec.gov/Archives/edgar/data/1964789/000110465926090025/hut-20260630x10q.htm][https://www.sec.gov/Archives/edgar/data/1964789/000110465926019392/hut-20251231x10k.htm]\n[P145800977][P145800983][P145800993][P145800995][P145800999][P145801001][P145801003][P145801007][https://www.sec.gov/Archives/edgar/data/1964789/000110465926090025/hut-20260630x10q.htm][https://www.sec.gov/Archives/edgar/data/1964789/000110465926019392/hut-20251231x10k.htm]",
      "updatedAt": "2026-10-02T12:57:34.840801Z"
    },
    {
      "type": "HISTORY",
      "text": "Hut 8’s predecessor, Hut 8 Mining Corp., was established in October 2017 and began trading publicly in March 2018. In January 2022, it acquired TeraGo’s cloud and colocation data-center business, adding five Canadian data centers and broadening its operations beyond Bitcoin mining. [https://bitfury.com/content/4-press/hut-8-public-listing-press-release-v.5-final.pdf] [https://wp.hut8corp.com/hut-8-announces-closing-of-the-acquisition-of-teragos-data-center-business/]\n\nHut 8 and U.S. Data Mining Group, known as US Bitcoin Corp., completed their merger on November 30, 2023, forming the U.S.-domiciled Hut 8 Corp.; the combined company began trading on Nasdaq in December. Jaime Leverton became CEO at closing, and Asher Genoot succeeded her in February 2024. [https://www.hut8.com/news-insights/press-releases/hut-8-and-usbtc-announce-completion-of-business-combination] [https://www.hut8.com/news-insights/press-releases/hut-8-announces-leadership-transition] In 2025, Hut 8 launched majority-owned American Bitcoin, contributing substantially all of its ASIC miners to the subsidiary; after American Bitcoin merged with Gryphon Digital Mining, it began trading on Nasdaq in September. [https://wp.hut8corp.com/corporate/]\n[https://bitfury.com/content/4-press/hut-8-public-listing-press-release-v.5-final.pdf][https://wp.hut8corp.com/hut-8-announces-closing-of-the-acquisition-of-teragos-data-center-business/][https://www.hut8.com/news-insights/press-releases/hut-8-and-usbtc-announce-completion-of-business-combination][https://www.hut8.com/news-insights/press-releases/hut-8-announces-leadership-transition][https://wp.hut8corp.com/corporate/]",
      "updatedAt": "2026-10-02T12:57:34.840801Z"
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