NasdaqGS:HUTSoftware
Is Hut 8 (HUT) Using Louisiana Water Upgrades to Cement Its AI Infrastructure Pivot?
Hut 8 Corp. recently agreed to invest about US$16,000,000 to expand West Feliciana Parish’s water system as part of its River Bend AI data center campus, including a new well and roughly eight miles of water main, with the upgraded infrastructure to be handed over to the parish at no cost to taxpayers.
This privately funded infrastructure build-out, alongside Hut 8’s large-scale AI data center projects and rising institutional interest, underscores the company’s shift from pure Bitcoin...