Hut 8 is an energy infrastructure platform headquartered in Miami, Florida, that integrates power generation, digital infrastructure, and compute capacity across North America. The company operates 15 sites with 1,020 MW of capacity under management as of September 2025, and is publicly traded on both NASDAQ and the TSX under the ticker HUT.
Its operations are structured across three layers. The power layer includes natural gas generation plants. The digital infrastructure layer encompasses ASIC and CPU colocation facilities. The compute layer covers Bitcoin mining - conducted through its majority-owned subsidiary American Bitcoin - alongside data center cloud services and a GPU-as-a-Service offering for AI workloads. This vertically integrated model spans digital asset mining, high-performance computing, and AI data center services.
A notable recent development is a long-term AI data center lease at the River Bend campus, structured as a 15-year agreement valued at $7 billion. The company takes its name from Hut 8 at Bletchley Park, the unit led by Alan Turing during the Second World War.
