Hut 8, a mining company, launched a 1 billion USD ATM financing program to fund high-performance computing and AI data centers

Hut 8 Corp. Has announced a new At-the-Market stock offering that could raise up to 1 billion USD. This initiative will facilitate the expansion of its technological infrastructure, particularly in high-performance computing and AI.

The 1 billion USD offering supersedes Hut 8’s earlier 500 million USD offering from December 2024, reflecting the company’s commitment to enhancing its capabilities in emerging technologies.