Saint Francisville, Louisiana — According to state and local development sources, Hut 8 plans to invest $10 Billion to expand in Saint Francisville. The company plans to occupy the new space in Saint Francisville, on or about November 1, 2028. According to the company website Hut 8 is an energy infrastructure platform that develops and operates an integrated portfolio of power, digital infrastructure, and compute assets designed to fuel transformative technologies. The company takes a power-first, innovation-driven approach to developing, commercializing, and operating critical infrastructure for today’s and tomorrow’s breakthrough technologies. Hut 8’s business activities are structured across three layers: Power, which involves acquiring and managing energy assets; Digital Infrastructure, focusing on designing and operating facilities for energy-intensive applications like ASIC and CPU colocation; and Compute, which includes Bitcoin mining through American Bitcoin, data center cloud services, and GPU-as-a-Service via Highrise AI. The company aims to build a platform that evolves with energy-intensive technologies for decades to come, addressing the mounting pressure on electrical grids.
To learn more about Hut 8, visit https://www.hut8.com/

Company Contact:
Asher Genoot, Chief Executive Officer
305-224-6427

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