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Hut 8 Bitcoin mining facility and GPU service program launch
AI computing

Hut 8 Converts $38 Million Loan into Stock, Strengthens Financial Position

Hut 8 has repaid a $38 million loan by converting it into stock, enhancing its balance sheet. CEO Asher Genoot emphasizes better positioning for growth. Explore Hut 8's new GPU-as-a-service initiat...

AI computingHut 8 launches GPU as a Service business for AI processing.

Hut 8 Launches Revenue-Generating GPU as a Service Business

Bitcoin mining company Hut 8 has announced its new GPU as a Service (GPUaaS) business that is already generating revenue. The service allows customers to lease GPU power for AI processing and invol...