finance
Hut 8 Raises $3. 25 Billion to Power AI Data Center
May 2, 2026
Hut 8, a Miami company, plans a $12 billion AI data center in St. Francisville, West Feliciana Parish. To fund the first phase, it is selling $3. 25 billion in bonds through its subsidiary Hut 8 DC LLC. The bonds carry a 6. 192% annual rate and will mature in 2042, closing the offer this Thurs