Hut 8's Smart Moves in a Tough Crypto Mining World

USASat Jan 03 2026
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Hut 8, a Bitcoin mining company, is doing well even when others are struggling. They got a bigger credit line from Coinbase, up to $200 million. This money will help them with everyday business needs. They also made a big deal with Fluidstack, an AI cloud platform, to provide energy for an AI data center. This deal is worth $7 billion over 15 years. It's one of the biggest deals between a crypto company and an AI provider. Hut 8's stock has gone up by over 134% in the last year. It's now trading at about $51. 27. The company is doing well by diversifying into AI, high-performance computing, and expanding its Bitcoin mining operations. They own most of American Bitcoin, a mining and crypto treasury company. This is impressive because the broader mining industry is facing many challenges.
Bitcoin miners had a tough year in 2025. Profit margins were very low due to the reduced block subsidy after the April 2024 halving. Energy costs also went up, and there were macroeconomic pressures. Additionally, US President Donald Trump's tariffs impacted hardware prices. This created fears of equipment shortages due to supply chain issues between the US and China. China is a big manufacturer of ASICs, the machines used to mine Bitcoin and other proof-of-work cryptocurrencies. Hut 8 is ranked number 9 among the top 100 Bitcoin treasury companies. They have 13, 696 BTC in their corporate treasury, valued at over $1. 2 billion. American Bitcoin is ranked number 20 and has 5, 098 BTC, valued at about $458 million. These numbers show that Hut 8 and American Bitcoin are accumulating a lot of Bitcoin, even when others are struggling.
https://localnews.ai/article/hut-8s-smart-moves-in-a-tough-crypto-mining-world-ee1b4651

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