Hut 8 Corp. announced on August 26, 2025, plans to develop four new sites across the United States, which will add over 1.5 gigawatts (GW) of total capacity to its platform. This expansion marks a defining step in the company's evolution into a major energy and digital infrastructure provider.
The company is reclassifying 1,530 megawatts (MW) of capacity related to these sites from 'Capacity Under Exclusivity' into a new category: 'Capacity Under Development.' Upon commercialization, Hut 8 expects its platform to exceed 2.5 gigawatts of capacity under management across 19 sites, more than doubling its current scale.
These expansion sites range from 50 MW to 1,000 MW of utility capacity, chosen for near-term power access and their potential to support commercialization across various advanced technologies. The development is expected to be financed through a disciplined capital strategy, leveraging up to $2.4 billion in liquidity, including cash, Bitcoin, credit, and the company’s at-the-market (ATM) equity program.
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