Hut 8 plans 4 new sites with over 1.5GW total capacity

Published 2 months ago Positive
Hut 8 plans 4 new sites with over 1.5GW total capacity
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* Hut 8 (NASDAQ:HUT [https://seekingalpha.com/symbol/HUT]) (TSX:HUT:CA [https://seekingalpha.com/symbol/HUT:CA]) to develop [https://seekingalpha.com/pr/20211086-hut-8-announces-plans-to-develop-four-new-sites-with-more-than-1_5-gw-of-total-capacity] four new sites across the U.S., positioning the company to meet growing demand from energy-intensive use cases while scaling and diversifying its platform across strategic energy markets.
* Upon commercialization of the sites, Hut 8 (NASDAQ:HUT [https://seekingalpha.com/symbol/HUT]) expects its platform to exceed 2.5 gigawatts of capacity under management across 19 sites.

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