Hut 8 CEO says $7 billion data center deal with Google is ‘first domino to fall’
The “cryptominer” label is becoming a relic of the past for Hut 8 (HUT). In a move that signals a massive strategic shift, Hut 8 announced a $7 billion deal to build a data center complex in Louisiana for Anthropic (ANTH.PVT). The move effectively trades bitcoin (BTC-USD) volatility for the high-margin stability of AI infrastructure….