HUT, CLSK, IREN Among Gainers on Wednesday as AI Boom Continues

HUT, CLSK, IREN Among Gainers on Wednesday as AI Boom Continues

A newly formed investment group made up of BlackRock, Nvidia, xAI, Microsoft and others will acquire Aligned Data Centers in a $40 billion deal, the companies said on Wednesday. The move adds fuel to the growing land grab for infrastructure to support AI development. The consortium, called the Artificial Intelligence Infrastructure Partnership (AIP), plans to … Read more

Hut 8 Posts $134M Q1 Loss Amid Strategic Shift Toward Energy Infrastructure And Bitcoin Mining

Jenna Montgomery

Hut 8 Corp. (Nasdaq | TSX: Hut) reported a net loss of q1 2025 of $ 134.3 million, marking a turbulent start to the year while the company performs a bold strategy to become a completely integrated energy infrastructure platform. The quarterly revenues reached $ 21.8 million, decreasing compared to $ 51.7 million on an … Read more