@Hut8Corp profile picture
Hut 8 @Hut8Corp

Integrated energy infrastructure platform

Joined November 2017
  • Posts 1,915
  • Following 88
  • Followers 51,218
779 Photos and videos
Hut 8
@Hut8Corp
Jun 11
Today, E. Stanley (Stan) O'Neal succeeds Founding Chair Bill Tai as Chair of the Hut 8 Board of Directors. Bill stewarded Hut 8 through its most formative years, from pioneering startup to institutional platform. He continues to serve on the Board as a director and member of the Nominating and Governance Committee. Stan has served as an independent director since November 2023, and previously as a director of US Bitcoin Corp. He brings decades of senior executive leadership to the role — including as Chairman and CEO of Merrill Lynch & Co. He assumes the Chairmanship as we continue to build what we believe will become an enduring, generational business at the intersection of energy and technology. Read the full release: hut8.com/news-insights/press…
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Hut 8 has closed a $4.25 billion offering of investment-grade senior secured notes for Beacon Point, our second investment-grade data center construction financing following River Bend. Highlights of the offering include: - A fully amortizing structure that is non-recourse to Hut 8 and non-dilutive to existing shareholders; - A Baa2 rating from Moody’s Ratings, one notch above the ratings assigned to the River Bend notes by S&P Global Ratings and Fitch Ratings, and an issuance spread 20 basis points tighter than that of the River Bend notes; - And a substantially oversubscribed book that broadens Hut 8’s institutional credit investor base. Together, the financings bring Hut 8’s cumulative project-level, investment-grade data center construction financing to $7.5 billion, reinforcing the repeatability of our financing model and our ability to scale data center development while preserving balance-sheet flexibility. Read the full release: hut8.com/news-insights/press…
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Hut 8 has priced $4.25 billion of investment-grade senior secured notes due 2042. The fully amortizing notes will finance the development and construction of a turnkey data center at our Beacon Point campus, which will comprise six data halls with a combined total of 352 MW of IT capacity. Read the full release: hut8.com/news-insights/press…
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Hut 8 welcomes Mark Eidelman to the team as Head of Investor Relations and Senior Vice President of Strategic Finance. Before joining Hut 8, Mark led investor relations at NextEra Energy Inc., where he was ranked #2 Investor Relations Professional in Utilities on Extel’s 2025 All-America Executive Team. He brings 17 years of experience in corporate and investment banking at J.P. Morgan, most recently as a managing director, where he led the execution of more than $75 billion in debt, equity, and structured financings, primarily in the power, utility, and renewables industries. Read the full release: hut8.com/news-insights/press…
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Hut 8
@Hut8Corp
May 20
A data center campus is a multi-decade commitment to a community. We believe that commitment begins long before the foundation is poured. As we develop our one-gigawatt Beacon Point project in Nueces County, Texas, we intend to be a thoughtful and enduring presence in the Coastal Bend. This spring, we sponsored the Buc Days Build, a project organized in partnership with Habitat for Humanity Corpus Christi. Alongside fellow volunteers at the city's annual Buc Days festival, members of our team helped raise the frame of what will become home for the Ramon family — a single mother and her two daughters in Robstown. We are proud to support organizations and initiatives that strengthen the communities where we build. Our thanks to Habitat for Humanity Corpus Christi and Buc Days for allowing us to be part of this effort. We look forward to continuing to support the Coastal Bend community in meaningful and lasting ways.
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Hut 8
@Hut8Corp
May 19
Each campus we develop represents a long-term investment in the infrastructure, workforce, and institutions that enable durable economic growth. Hut 8 is committing $16 million to expand water system capacity in West Feliciana Parish, Louisiana, in connection with the first phase of our River Bend AI data center campus. The investment will fund a new water well and approximately eight miles of water main, which will be transferred to the parish at no cost to taxpayers. Once complete, these improvements are expected to expand service and reliability for more than 4,000 households and 200 employer establishments across the parish. Read the full release: hut8.com/news-insights/press…
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Hut 8
@Hut8Corp
May 14
Hut 8 is officially a Great Place to Work® @GPTW_US. This certification, based on an anonymous employee survey, reflects the pride we take in our work, the trust our leadership team has earned, and the camaraderie that unites our teams. Our culture is what makes ambitious work possible. Hut 8 is building a platform designed to evolve alongside energy-intensive technologies for decades to come, and execution at that scale takes alignment, accountability, and trust. We're hiring across our platform. Come build with us: linkedin.com/company/hut8cor…
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Hut 8 CEO @ashergenoot will appear on @CNBC Power Lunch at 2:25 p.m. ET today to discuss our second hyperscale AI data center lease — a 15-year, $9.8 billion triple-net agreement with an investment-grade tenant at our 1 GW Beacon Point campus — and the forces shaping U.S. AI infrastructure development.
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CEO @ashergenoot will join the ABTC leadership team at 5:15 p.m. ET to discuss our Q1 2026 results
American Bitcoin
@ABTC
May 6
Join @erictrump, @ashergenoot, and the leadership teams of @ABTC and @Hut8Corp for a live discussion of the quarter x.com/i/spaces/1DxLdvXLnlRxm
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Hut 8 reposted
Asher Genoot
@ashergenoot
May 6
Today is one of those days where I’m genuinely proud of what this team at $HUT has built. Years ago, this image was posted by our shareholders as an ambition. $100 felt like a stretch goal. A milestone out in the distance. Today, we’ve surpassed it. Along the way, our shareholder base has evolved. Institutional ownership now exceeds 70%, and we’re backed by some of the most respected names in the world. But what matters just as much is this: We haven’t forgotten where we started. The community that’s been with us from day one the ones posting on Reddit, sharing their journeys, growing alongside us you’ve been part of this story in a real way. It’s been incredible to witness, and even more meaningful to be a part of it together. This is a thank you to all of you. And a reminder: we’re just getting started. Now let’s go set the next goal.
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Today, we announced our results for Q1 2026. Two years of foundation-building have translated into $16.8 billion in triple-net, take-or-pay contracted lease revenue across two hyperscale AI campuses, underpinned by blue-chip, investment-grade counterparties. During the quarter, we demonstrated the repeatability of our power-first model. At Beacon Point, we signed a 15-year, 352 MW IT AI data center lease representing $9.8 billion in base-term contract value. Subsequent to quarter-end, we closed an offering of $3.25 billion of fully amortizing 16.5-year investment-grade senior secured notes to finance the construction of River Bend — the first single-sponsor data center project to access the investment-grade construction bond market. We streamlined our asset base through the divestiture of our 310 MW portfolio of natural gas power plants. And with an 8,375 MW development pipeline, we believe we are positioned to continue scaling with uncompromising discipline as we build what we believe will become an enduring, generational business at the intersection of energy and technology.
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Read the full release: hut8.com/news-insights/press… Register for the webcast: app.webinar.net/DlYvdNZd4aN
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Hut 8 has signed a 15-year, 352 MW AI data center lease at its Beacon Point campus with base-term contract value of $9.8 billion and up to $25.1 billion if all renewal options are exercised. Envisioned as a multi-phase, multi-tenant campus, Beacon Point is the second AI data center campus commercialized under Hut 8’s power-first, greenfield development model. We have executed an interconnection agreement for 1,000 MW of utility capacity, providing significant runway for potential campus expansion and revenue growth. The transaction brings our total contracted AI data center capacity to 597 MW with aggregate base-term contract value of approximately $16.8 billion and aggregate average annual NOI of approximately $1.1 billion.
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Read the full release: hut8.com/news-insights/press…
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Hut 8
@Hut8Corp
Apr 30
With the closing of our $3.25 billion offering, River Bend is now the first single-sponsor data center project to access the investment-grade construction bond market. The offering establishes a first-of-its-kind financing model for data center development.
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Hut 8
@Hut8Corp
Apr 30
Read the full release: hut8.com/news-insights/press…
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Hut 8
@Hut8Corp
Apr 28
Hut 8 has priced $3.25 billion of investment-grade senior secured notes due 2042. The fully amortizing notes will finance the development and construction of a turnkey 245 MW data center at our River Bend campus.
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Hut 8
@Hut8Corp
Apr 28
Read the full release: hut8.com/news-insights/press…
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Hut 8
@Hut8Corp
Apr 20
Hut 8 CEO @ashergenoot will deliver the closing keynote at eMerge Americas, joined by American Bitcoin Co-founder Eric Trump and moderated by eMerge President and former Miami Mayor Francis X. Suarez. The conversation will explore how Bitcoin, energy infrastructure, and policy are converging — and what it takes for cities like Miami to turn that momentum into long-term economic leadership.
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