Hut 8 Launches $1 Billion ATM Program for AI and High-Performance Computing

According to HashChain News, it has been reported that Bitcoin mining company Hut 8 Corp. has updated its At-the-Market (ATM) stock issuance plan, allowing the company to raise up to $1 billion through stock sales. This new plan replaces Hut 8's previous $500 million plan launched in December 2024. The new funds will be used to expand high-performance computing and AI data centers.