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Stock impact report

Hut 8 Leans Into AI Infrastructure As Mining Assets Find New Roles [Yahoo! Finance]

MARA Holdings, Inc. (MARA) 
Last mara holdings, inc. earnings: 8/14 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.marathonpg.com
Company Research Source: Yahoo! Finance
Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Hut 8 (NasdaqGS:HUT) has announced a partnership with Anthropic and Fluidstack to build and operate large scale AI data center infrastructure in the U.S. The move signals a shift in focus for Hut 8, which has been known primarily for Bitcoin mining. Separately, American Bitcoin has redeployed more than 11,000 mining ASICs at a previously shuttered Hut 8 site in Drumheller. Hut 8, trading as NasdaqGS:HUT, is drawing fresh attention as it leans into AI infrastructure alongside its core Bitcoin mining roots. The stock closed at $47.07, with a 1 year return of 248.4%, while returns over the past week and month show double digit declines of 11.6% and 11.3%, and a year to date decline of 8.2%. For investors, the new AI focused partnership sits alongside renewed activity in mining hardware at Drumheller, giving Hut 8 a more mixed asset base to watch. The key questions Show less Read more
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