Hut 8 Invests $16M in Louisiana AI Data Center Expansion
Hut 8 allocates $16M for Louisiana water infrastructure to support its River Bend AI data center, advancing its $16.8B AI infrastructure strategy.
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Bitcoin mining and high-performance compute hosting.
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Hut 8 Corp is an energy infrastructure platform that integrates power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases. The company has four reportable business segments: Power, Digital Infrastructure, Compute, and Other. It derives maximum revenue from the Compute segment which consists of Bitcoin Mining, GPU-as-a-Service, and Data Center Cloud operations. Its geographical segments include the United States and Canada, of which it generates the majority of revenue from the United States.
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Compare reported revenue growth, profitability and valuation. Related companies can have different business models and fiscal calendars.
| Company | Latest close | Revenue growth (YoY) | Net margin (TTM) | P/E (TTM) | P/S (TTM) |
|---|---|---|---|---|---|
| Hut 8 (HUT) | $74.87 | — | — | — | — |
| Riot Platforms (RIOT) | $15.10 | — | — | — | — |
| MARA Holdings (MARA) | $8.23 | — | — | — | — |
| CleanSpark (CLSK) | $9.23 | — | — | — | — |
| Bit Digital (BTBT) | $1.08 | — | — | — | — |
| Cipher Mining (CIFR) | $9.94 | — | — | — | — |
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Market-moving headlines mentioning Hut 8.
Hut 8 allocates $16M for Louisiana water infrastructure to support its River Bend AI data center, advancing its $16.8B AI infrastructure strategy.
Hut 8 (HUT) last closed at $74.87 on October 14, 2026. Quotes are delayed at least 15 minutes.
Over the past 52 weeks HUT has traded between $31.67 and $140.80.
Hut 8 has a market capitalisation of about $10.31 billion.
HUT trades on NASDAQ, in the Finance Services industry.
Hut 8 last executed a 1-for-5 stock split on December 4, 2023.
Blockchain.News publishes HUT coverage and price forecasts on this page, with 10 stories filed so far. This is information, not investment advice.
HUT's 14-day relative strength index (RSI) is 36.6, which is neutral on the standard 30/70 scale. RSI measures the speed of recent price moves, not a price target — this is not investment advice.
HUT's 50-day moving average is currently above its 200-day moving average — a Golden Cross (bullish long-term trend) in classic technical-analysis terms. Moving-average crossovers describe past price behaviour, not a forecast.
Coverage is for information only and is not investment advice. Stock prices can move quickly and past performance does not guarantee future results.
Quotes are delayed at least 15 minutes. Last updated .