Expansion PlansThe company unveiled plans to develop four new U.S. sites with 1.53 GW of capacity, establishing it as one of the largest owners of power for AI/HPC workloads, bitcoin mining, or other purposes.
Financial StrategyHUT is deliberately pursuing a lower cost of capital for its energy infrastructure effort by moving its bitcoin mining operations into a separate entity, making it more likely to secure debt at lower rates.
Liquidity And ResourcesHUT has up to $2.4 billion in liquidity available to support the buildout of its energy infrastructure platform, including cash, bitcoin holdings, and available credit facilities.