Hut 8 Mining Corp Updates Equity Sales Plan, Aims to Raise $1 Billion

BlockBeats News, August 24th, Hut 8 Corp., a publicly traded Bitcoin mining company in the United States, updated its At-The-Market (ATM) equity program, aiming to raise up to $1 billion through stock sales. The new plan replaces Hut 8's previous $500 million ATM program set to expire in December 2024. Earlier this week, the company broke ground on a $2.5 billion artificial intelligence data center in West Feliciana Parish, Louisiana.