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Hut

Hut 8 co-founder warns of AI risks as he moves profits back into bitcoin (BTC)

Hut 8 co-founder warns of AI risks as he moves profits back into bitcoin (BTC)

3 hours ago by Crypto InsightsCrypto

The concern extends to banks. Van der Chijs believes AI could expose vulnerabilities in legacy banking software, threatening confidence in institutions that depend on interconnected systems. Within crypto, he sees exchanges and other businesses built around bitcoin as more vulnerable than the underlying network. His… Read More

Hut 8's Texas power site sits inside Anthropic’s $35 billion AI deal

Hut 8's Texas power site sits inside Anthropic’s $35 billion AI deal

3 weeks ago by Crypto InsightsCrypto

The company’s Texas campus has two long-term leases worth $19.6 billion, more than 260 times its latest quarterly revenue, as AI companies race to secure power and data-center capacity.

Hut 8 cuts bitcoin credit costs with FalconX refinancing, freeing 3,300 BTC from collateral

Hut 8 cuts bitcoin credit costs with FalconX refinancing, freeing 3,300 BTC from collateral

5 months ago by Crypto InsightsCrypto

Hut 8 (HUT), a bitcoin miner turned energy and AI compute company, has refinanced its bitcoin-backed credit facility, replacing its existing Coinbase Credit arrangement with a new $200 million facility with FalconX. With the new deal, Hut 8 cut its fixed interest rate to 7%… Read More

IREN, Cipher Mining (CIFR) and Hut 8 (HUT) could be set to add to AI-related gains

IREN, Cipher Mining (CIFR) and Hut 8 (HUT) could be set to add to AI-related gains

8 months ago by Crypto InsightsCrypto

Shares of bitcoin mining companies that have shifted business plans to cater to artificial intelligence (AI) infrastructure were big winners in 2025, a run they continued into the new year. And if big tech’s earnings this year are any indications, they might continue to reap… Read More

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