Transition data center capacity from crypto to AI
Company: Hut 8
The claim, verbatim
Hut 8 is transitioning its data center capacity from crypto mining to supporting AI workloads
Source (primary)
HUT Stock Heads For 4th Week Of Declines: Why This Analyst Thinks Hut 8 Is a Buy - Asianet Newsable (-, news_article)
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Quote: “Hut 8 is transitioning its data center capacity from crypto mining to supporting AI workloads, which it views as a 'great potential' for the entire group”
How we checked this
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Additional evidence
confirms HUT Stock Heads For 4th Week Of Declines: Why This Analyst Thinks Hut 8 Is a Buy - Asianet Newsable
Quote: “Hut 8 is transitioning its data center capacity from crypto mining to supporting AI workloads, which it views as a 'great potential' for the entire group”