Hut 8 Operations Update for February 2025
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Hut 8 Corp. has secured a 592-acre site for a new campus in Louisiana, is upgrading its ASIC fleet with new miners, and is on schedule for the Q2 energization of its Vega development.
March 06, 2025 | 10:45 pm
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Hut 8 Corp. is expanding its operations with a new 592-acre site in Louisiana, upgrading its ASIC fleet, and progressing on its Vega development, which is on track for Q2 energization.
The expansion with a new site and the upgrade of the ASIC fleet indicate growth and increased capacity for Hut 8, which is positive for its stock. The progress on the Vega development also suggests future operational enhancements.
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