Industry Newsdata centersenergy infrastructurehut 8bitcoin
Hut 8 Secures $7B Fluidstack Lease
8.1
Hut 8 Corp. reported on February 25 that its power-first strategy delivered operational progress for 2025, including a 15-year, $7 billion lease with Fluidstack for 245 MW at its River Bend campus, backed by Google. Total 2025 revenue rose to $235.1 million, led by $202.3 million from compute, while digital-asset volatility produced a $248 million net loss; a 310 MW sale closed February 2026.
Key Points
- 1Signed 15-year, $7 billion lease with Fluidstack for 245 MW, financially backstopped by Google
- 2Drove compute revenue to $202.3M and company revenue to $235.1M in 2025
- 3Signals shift to power-first data centers with an 8,500 MW development pipeline, redeploying capital
Scoring Rationale
Strong company-scale deal and revenue growth, but impact limited to infrastructure/crypto vertical rather than broad AI market.
Sources
Public references used for this report.
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