The BlockBeats news on December 12th, according to CoinDesk, the pre-market stock price of BTC mining company Hut 8 listed on Nasdaq rose to just below $30, up more than 11.75% from $26.69 on Wednesday's closing price. The market speculates that Hut 8 is partnering with Meta Platforms, the parent company of Facebook, to build data centers. Previously, Hut 8 was reported to be building a data center in West Feliciana Parish, Louisiana with an initial cost of $12 billion. According to Reuters, earlier this month, Meta also announced plans to build an artificial intelligence data center worth about $10 billion in Richland Parish, Louisiana. BTC mining and artificial intelligence data centers have similarities in terms of equipment, computing power, and energy required for operation, so the market speculates that Hut 8 has reached a cooperation agreement with Meta, but it has not been officially announced. As of the time of writing, Hut 8 and Meta have not responded to this matter. BlockBeats previously reported that Hut 8 announced the launch of a $500 million ATM (at-the-market) program and a $250 million stock repurchase plan at the beginning of the month. The company plans to use the net proceeds from the sale of common stock under the ATM program for expansion plans, including the acquisition or development of power and digital infrastructure assets such as data centers, as well as the purchase of BTC as strategic reserve assets. The net proceeds can also be allocated to other capital expenditures and investments, operating capital, repurchase of outstanding securities, debt repayment, and other general corporate purposes.
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Công ty khai thác mỏ Hut 8 có thể hợp tác xây dựng trung tâm dữ liệu với Meta, Hut 8 tăng lên hơn 11.75% trước khi mở cửa.
The BlockBeats news on December 12th, according to CoinDesk, the pre-market stock price of BTC mining company Hut 8 listed on Nasdaq rose to just below $30, up more than 11.75% from $26.69 on Wednesday's closing price. The market speculates that Hut 8 is partnering with Meta Platforms, the parent company of Facebook, to build data centers. Previously, Hut 8 was reported to be building a data center in West Feliciana Parish, Louisiana with an initial cost of $12 billion. According to Reuters, earlier this month, Meta also announced plans to build an artificial intelligence data center worth about $10 billion in Richland Parish, Louisiana. BTC mining and artificial intelligence data centers have similarities in terms of equipment, computing power, and energy required for operation, so the market speculates that Hut 8 has reached a cooperation agreement with Meta, but it has not been officially announced. As of the time of writing, Hut 8 and Meta have not responded to this matter. BlockBeats previously reported that Hut 8 announced the launch of a $500 million ATM (at-the-market) program and a $250 million stock repurchase plan at the beginning of the month. The company plans to use the net proceeds from the sale of common stock under the ATM program for expansion plans, including the acquisition or development of power and digital infrastructure assets such as data centers, as well as the purchase of BTC as strategic reserve assets. The net proceeds can also be allocated to other capital expenditures and investments, operating capital, repurchase of outstanding securities, debt repayment, and other general corporate purposes.