Hut 8 Secures $7B Deal with Google, Fluidstack
Update: 2025-12-17
Description
Hut eight, a Bitcoin mining company, secures a $7 billion, 15-year deal with Fluidstack, backed by Google, for a new 245 MW data center in Louisiana. This partnership boosts Hut eights stock price, reflecting strong investor confidence. The deal includes options for renewal, potentially increasing its value to $17.7 billion. The project is expected to create up to 265 jobs in Louisiana.
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