PANews reported on August 24th that Bitcoin mining company Hut 8 Corp. has updated its At-the-Market (ATM) stock offering program, allowing the company to raise up to $1 billion through stock sales. The new program replaces Hut 8's previous $500 million plan, launched in December 2024. The new funds will be used to expand its high-performance computing and AI data centers.PANews reported on August 24th that Bitcoin mining company Hut 8 Corp. has updated its At-the-Market (ATM) stock offering program, allowing the company to raise up to $1 billion through stock sales. The new program replaces Hut 8's previous $500 million plan, launched in December 2024. The new funds will be used to expand its high-performance computing and AI data centers.
Hut 8, a mining company, launched a $1 billion ATM financing program to fund high-performance computing and AI data centers.
PANews reported on August 24th that Bitcoin mining company Hut 8 Corp. has updated its At-the-Market (ATM) stock offering program, allowing the company to raise up to $1 billion through stock sales. The new program replaces Hut 8's previous $500 million plan, launched in December 2024. The new funds will be used to expand its high-performance computing and AI data centers.
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