
Hut 8 Corp., together with its subsidiaries, operates as an energy infrastructure platform that integrates power, digital infrastructure, and compute at scale to fuel energy-intensive use cases in the United States and Canada. It operates through Power, Digital Infrastructure, Compute, and Other segments. The company offers managed services for energy infrastructure development, such as site design, procurement, and construction management; software automation, process design, personnel hiring, and team training; utilities contracts, hosting operations, and customer management; energy…

Hut 8 Corp. is upgraded to buy as contracted AI infrastructure capacity reaches ~949 MW, with ~$1.75 billion expected annual NOI under long-term leases. Securing ~$7.5 billion in non-recourse, project-level debt significantly de-risks financing and shields the parent balance sheet from project-specific liabilities. HUT's valuation now reflects successful execution of current capacity; future rerating hinges on energization milestones and additional lease signings.

Hut 8 TodayHUTHut 8$108.98 +8.05 (+7.98%) As of 07/21/2026 04:00 PM Eastern52-Week Range$18.68▼$140.80Price Target$121.26Add to WatchlistWhen artificial intelligence (AI) models scale, they require an astonishing amount of electricity. Silicon Valley can design the fastest chips in the world, but without the physical power grid to turn them on, those chips are completely sidelined.

Asher Genoot, Hut 8 CEO, joins 'Power Lunch' to discuss the company's latest hyperscaler deal, the impact to lower power grids and much more.

Neocloud stocks are emerging as "compute is the new oil" infrastructure plays, giving public‑market access to the massive AI buildout behind Microsoft Corp. (NASDAQ:MSFT), Open AI, Meta Platforms (NASDAQ:META), Anthropic and other hyperscale buyers.

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