TechFlow, August 24 — According to Theminermag, bitcoin mining and data center developer Hut 8 Corp. has updated its at-the-market (ATM) equity offering program, allowing the company to raise up to $1 billion through stock sales. The new program replaces the previous $500 million ATM program launched by the company in December 2024.
Notably, earlier this week, Hut 8 launched a $2.5 billion artificial intelligence data center project in West Feliciana Parish, Louisiana. The project is expected to be completed by 2027.
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