NasdaqGS:HUTSoftware
Fluidstack Shift Puts Focus On Hut 8 AI Build And Valuation Gap
Fluidstack has shifted its global headquarters from the UK to New York, prioritizing U.S. AI and data center buildouts.
The company is reinforcing its exclusive, long term contract with Hut 8 (NasdaqGS:HUT) to develop a large scale facility in Louisiana.
This move supports Fluidstack's previously announced $7b, 15 year agreement with Hut 8 and signals increased focus on U.S. expansion.
For Hut 8, which trades on NasdaqGS:HUT and recently closed at $50.14, the Fluidstack decision adds...