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Hut 8 Corp.

TSX:HUTLive AI agent

Hut 8 is inspired by the legacy of Alan Turing and aims to harness human ingenuity to build the future of energy and digital infrastructure.

Investor website: https://hut8.com/

About

Hut 8 is inspired by the legacy of Alan Turing and aims to harness human ingenuity to build the future of energy and digital infrastructure. The company emphasizes bold ambition, institutional discipline, and relentless execution, reflecting its commitment to innovation and excellence.

Verified company data

Projects
["Logan Prairie Data Center\nHut 8’s proposed data center in Logan County, Illinois represents a significant opportunity for long-term infrastructure investment and economic growth. The project is currently in early development and remains subject to local approvals. Detailed information about the proposal, including answers to key questions about power infrastructure, water stewardship, permitting, and long-term economic impact, is provided below.\n\nProject Inquiries:\n\ninfo@hut8.com\n\n## Project Overview\n\nCapacity\n\n500 MW\n\nSite Footprint\n\n50 acres\n\nApplication\n\nAI/Cloud\n\n## Investment & Impact\n\nEconomic development should deliver durable, long-term value to the community. If approved and built, this facility would create jobs, expand the local tax base, and represent one of the largest private investments in Logan County’s history.\n\n#### Temporary Jobs\n\nConstruction\n\n1,500+\n\n#### Permanent Jobs\n\nData center operations\n\n~200\n\n#### Capital Investment\n\nDeployed into local infrastructure and development\n\n$5B+\n\n#### Local Revenue\n\nEstimated annual property tax revenue\n\nUp to $65M\n\n#### Community Presence\n\nMinimum operational lifespan\n\n15+ years\n\n## Project Status\n\nThe proposed project follows a structured development process: local permitting, independent utility studies and approvals, phased construction, and commissioning. No construction can begin without completion of independent studies and county approval. If approved, the facility would be built in phases and operated in compliance with all applicable permits and regulatory requirements.\n\n### Permitting\n\nWe conduct land diligence and complete detailed site planning. We then submit an application for a Conditional Use Permit (CUP). If the county approves the application, the CUP defines the requirements the project must meet.\n\n2\n\n### Utility Approvals\n\nWe work with Ameren and MISO to confirm how the site can be served safely and reliably. Through independent studies, they identify any system upgrades required to support our load. As part of this process, we finalize interconnection agreements.\n\n3\n\n### Construction\n\nAfter the county and utilities grant the necessary approvals, we complete any required system upgrades. We then construct three data halls and energize them in phases.\n\n4\n\n### Operations\n\nOnce the facility becomes operational, we staff and maintain it for the long-term. We operate in full compliance with permit requirements and established performance standards, including noise and lighting.\n\n## Project Updates\n\nFeb 4\n\n2026\n\nCommunity Open House\n\nHut 8 hosts a community open house at the Lincoln Banquet Center, presenting project updates and answering questions from residents.\n\nJan 23\n\n2026\n\nCommitment to Enter PLA\n\nHut 8 signs a commitment letter to enter a Project Labor Agreement (PLA) with the Central Illinois Building & Construction Trades Council, which would ensure the facility is constructed by trained local union workers under established wage, benefit, and safety standards. This commitment ensures that construction jobs support skilled workers from the region.\n\nJan 15\n\n2026\n\nLocal Radio Interview\n\nHut 8 CEO Asher Genoot and Senior Vice President Greg Irwin join WLCN-FM's \"Viewpoint with Dara Entwistle\" to discuss the proposal and answer questions from the community.\n\nJan 5\n\n2026\n\nCounty Zoning Discussion\n\nHut 8 presents its proposal at a public meeting of the Logan County Board's Zoning and Economic Development Committee, providing an opportunity for discussion and public comment.","Beacon Point\nEnvisioned as a multi-phase, multi-tenant campus, Beacon Point is a landmark AI data center project in Nueces County, Texas and the second AI data center campus commercialized under the Company’s power-first, greenfield development model. With key interconnection and site approvals secured for 1,000 MW of capacity, the site is positioned to become one of the largest data center campuses in the state.\n\nProject Inquiries:\n\ninfo@hut8.com\n\n## Project Overview\n\nUtility Capacity\n\n1,000 MW\n\nSite Footprint\n\n525 acres\n\nApplication\n\nAI\n\n## Investment & Impact\n\nBeacon Point is expected to deliver meaningful economic impact for Nueces County, introducing a new class of digital infrastructure to a region historically anchored in heavy industry. The first two phases of the project are expected to represent a combined capital investment of approximately $17 billion, supporting approximately 1,900 construction jobs and approximately 230 permanent operations roles.\n\n### Phase 1\n\n#### Capital Investment\n\nData center and compute infrastructure\n\n~$8.5B\n\n#### Temporary Jobs\n\nConstruction\n\n~945\n\n#### Permanent Jobs\n\nData center operations\n\n~115\n\n### Phase 2\n\n#### Capital Investment\n\nData center and compute infrastructure\n\n~$8.5B\n\n#### Temporary Jobs\n\nConstruction\n\n~945\n\n#### Permanent Jobs\n\nData center operations\n\n~115\n\n## Project Status\n\nOur staged development model defines a structured path from early-stage development to operational infrastructure.\n\n### Development\n\nSecure land and power and advance site design and infrastructure buildout\n\n### Commercialization\n\nExecute a long-term offtake agreement with an anchor tenant\n\n### Construction\n\nConstruct, energize, and commission the site in phases to bring capacity online\n\n### Delivery\n\nDeliver operational capacity and transition the site to steady-state operations","River Bend\nRiver Bend is an AI data center campus developed under Hut 8’s power-first, innovation-driven approach to digital infrastructure development. Located in Louisiana, it has the potential to scale beyond 1 GW of utility capacity. The project reflects a disciplined, repeatable development model focused on execution certainty and capital efficiency.\n\nProject Inquiries:\n\ninfo@hut8.com\n\n## Project Overview\n\nUtility Capacity\n\nUp to 1,000 MW of potential expansion capacity\n\n330 MW\n\nIT Capacity Commercialized\n\nSupported by 330 MW of utility capacity\n\n245 MW\n\nSite Footprint\n\n2,361 acres under option\n\n627 acres\n\nApplication\n\nAI\n\n## Investment & Impact\n\nRiver Bend is expected to deliver lasting economic impact for Louisiana, ranking among the largest private capital projects in the state’s history and, at full breadth, among the largest data center campuses globally.\n\n#### Capital Investment: Phase 1\n\nData center and compute infrastructure\n\nUp to $10B\n\n#### Temporary Jobs: Phase 1\n\nConstruction\n\n~1,000\n\n#### Permanent Jobs: Phase 1\n\nData center operations\n\n75+\n\n#### Permanent Jobs: Phase 1\n\nDirect and induced jobs\n\n190+\n\n## Project Status\n\nOur staged development model defines a structured path from early-stage development to operational infrastructure.\n\n### Development\n\nSecure land and power and advance site design and infrastructure buildout\n\n### Commercialization\n\nExecute a long-term offtake agreement with an anchor tenant\n\n### Construction\n\nConstruct, energize, and commission the site in phases to bring capacity online\n\n### Delivery\n\nDeliver operational capacity and transition the site to steady-state operations"]
Leadership
Asher Genoot (Chief Executive Officer & Board Member), Michael Ho (Chief Strategy Officer & Board Member), Sean Glennan (Chief Financial Officer), Victor Semah (Chief Legal Officer), Matthew Saxon (Chief People Officer), E. Stanley O'Neal (Chair of the Board), Amy Wilkinson (Board Member), Joseph Flinn (Board Member), Mayo A. Shattuck III (Board Member), Carl J. (Rick) Rickertsen (Board Member), William Tai (Board Member)

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