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flag Hut 8, a former bitcoin miner, leased a Louisiana data center for a $7B AI facility backed by Google, with work starting in 2027.

flag Hut 8, a former bitcoin miner, secured a $7 billion, 15-year data center lease in Louisiana for a 245-megawatt AI facility, with Google providing financial backing and the first phase expected by early 2027. flag The project, part of a broader industry shift, involves partnerships with AI developer Anthropic and infrastructure provider Fluidstack, with potential expansion to 2.3 gigawatts. flag The deal boosted Hut 8’s shares 21% in premarket trading and reflects a growing trend of crypto miners repurposing infrastructure for AI workloads amid surging demand for computing power.

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