Hut 8 Expands US Reach With 1.5GW Bitcoin Mining Rollout

Hut 8 Expands US Reach With 1.5 Gigawatts Bitcoin Mining Rollout

Written by Aaron S.,

Editor-In-Chief

Last Updated: August 27, 2025

Key Takeaways

Hut 8 will build four new US facilities to add 1.5 gigawatts of capacity in high-demand states;
With 90% of its current 1 gigawatts already in use, the company is scaling to meet rising energy needs;
Following the expansion news, Hut 8’s stock rose 10.5% as investors responded to its growth strategy.

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Hut 8, a company involved in Bitcoin BTC $111,375.16 mining and related energy services, has announced a plan to open four new facilities in the United States.

These sites will be located in Texas, Louisiana, and Illinois and are expected to provide an additional 1.5 gigawatts of capacity, according to a press release dated August 26.

The decision is part of the company’s effort to grow its presence in areas where electricity demand is increasing quickly.

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Hut 8 already manages facilities across North America, with a strong focus on Texas. The new builds aim to balance this setup and serve more markets. According to the company, its existing 1 gigawatt of capacity is nearly full, with about 90% already in use.

The company’s CEO, Asher Genoot, explained that adding these new sites gives Hut 8 a chance to grow and meet rising interest in services that require a lot of energy. These include not only Bitcoin mining but also artificial intelligence (AI) processing and advanced manufacturing.

While mining remains a core focus, Hut 8 also provides energy to industries that rely on large-scale computing.

The company’s share price on the Nasdaq rose by 10.5% on the day of the announcement. This jump followed investor optimism around the company’s decision to expand in high-growth areas.

Hut 8 also owns American Bitcoin, a mining and treasury business connected to the Trump family.

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