Hut 8 Stock Jumps 10% After Unveiling 1.5 GW U.S. Expansion

Key Takeaways:

• Hut 8's strategic pivot to a power infrastructure entity is driving a positive stock re-rating.
• Supportive new laws in Texas and Louisiana provide a favorable regulatory environment for large-scale development.
• The company is leveraging its Bitcoin treasury to fund its future, securing billions in liquidity.

Hut 8 (NASDAQ: HUT)  shares climbed approximately 10% to a seven-month high near $26 following its announcement to build four new sites across three states, adding 1.5 gigawatts of capacity. 

The project would span River Bend, Louisiana (300 MW, MISO), “Project 2” in Texas (1,000 MW, ERCOT), “Project 3” in Texas (180 MW, ERCOT), and “Project 4” in Illinois (50 MW, PJM). The company has moved these projects from “exclusivity” into development, meaning land and power are secured.

JUST IN: Canadian Public Company Hut 8 Mining Corp jumps 10.66% in the last 24 hours

Ticker: $HUT pic.twitter.com/xQEqFxrN1t

— BitcoinTreasuries.NET (@BTCtreasuries) August 26, 2025

How Hut 8 Plans to Become an Infrastructure Giant

Upon completion, Hut 8's platform is expected to exceed 2.5 GW across 19 locations—a major expansion from its existing 1,020 MW of largely contracted capacity. 

Hut 8 will fund this expansion plan with yield from its Bitcoin reserves and a $330 million credit facility with Coinbase and Two Prime, and other banking partners.

CEO Asher Genoot called the program “a defining step” in Hut 8’s evolution into a large energy and digital-infrastructure platform.

The building of the Bitcoin mining sites is in receptive jurisdictions. 

Texas now requires virtual-currency mines over 75 MW to register with the Public Utility Commission, a framework relevant to Hut 8’s large-load sites.

Louisiana’s 2024 “Blockchain Basics Act” protects self-custody, permits industrial-zoned mining, and bans CBDC use by state agencies. 

Meanwhile, Illinois lacks a single statewide mining law. But municipalities like Effingham have adopted zoning and noise standards for crypto mines and data centers.

Macro context remains favorable. 

With U.S. miners dominating the global hashrate and investor interest in compute power surging, evidenced by Google's recent 14% stake in TeraWulf, Hut 8 is positioned to capture demand across both Bitcoin and AI sectors.

How Infrastructure and AI Are Reshaping Bitcoin Mining

While Bitcoin sales remain a primary revenue source, miners are actively diversifying their business models to mitigate volatility.

Metaplanet has acquired 103 BTC for ~$11.7 million at ~$113,491 per bitcoin and has achieved BTC Yield of 479.5% YTD 2025. As of 8/25/2025, we hold 18,991 $BTC acquired for ~$1.95 billion at ~$102,712 per bitcoin. $MTPLF pic.twitter.com/7DTYwTuMR2

— Simon Gerovich (@gerovich) August 25, 2025

Consequently, companies like Hut 8 are repurposing infrastructure to capture new revenue from high-value, energy-dense computing. 

This strategic shift is underpinned by secured assets and multiple funding options.

Industry updates underscore this necessity. Marathon Digital reported a 25% production drop in June due to Texas grid curtailments and repairs, highlighting how external pressures squeeze profitability. This volatility drives innovation, as seen with Bit Digital's pivot toward Ethereum staking.

Ultimately, developing larger, power-first infrastructure capable of supporting AI provides miners with crucial diversified revenue streams, creating a more resilient business model.