Recent events and catalysts

Company development

In June 2025, #Hut8 connected its data center Vega with a capacity of 205 MW in Texas to the power grid, which is considered the largest bitcoin mining center in the world, occupying only one building, and accounting for nearly 2% of the total hashing power of the network #биткоинов . According to equipment hosting contracts, Vega is expected to generate $110–120 million annually, and the company has the option to acquire the hosted mining equipment. $BTC

The company also announced a bitcoin-backed credit line from Coinbase Credit, securing a loan of $130 million, which will allow Hut 8 to raise an additional $65 million in non-dilutive capital.