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Hut 8 partners with Google in a $7B deal for AI infrastructure, boosting stock by 22% and shifting focus from Bitcoin mining to AI. Hut 8 Corp. has finalized a major lease agreement with Fluidstack for AI-focused infrastructure at its River Bend campus. The 15-year deal is valued at $7 billion and has already caused Hut 8’s stock price to rise by 22%.  Google’s involvement in the deal, through financial backing, offers strong security and stability for the project. This agreement marks a significant shift for Hut 8, moving into AI and high-performance computing (HPC) while distancing itself from its Bitcoin mining roots. Google and Hut 8: $7 Billion AI Data Center Deal Breakdown On December 17, 2025, Hut 8 announced the $7 billion lease agreement with Fluidstack.  The deal covers 245 MW of IT capacity at Hut 8’s River Bend campus in Louisiana. This lease represents a major commitment to building out AI infrastructure, a key growth area for the company. The lease’s base term is valued at $7 billion, with the potential to rise to $17.7 billion if renewal options are exercised. 🏢 **GOOGLE AND HUT 8: $7 BILLION AI DATA CENTER DEAL BREAKDOWN** On December 17, 2025, Hut 8 announced a major 15-year lease agreement for AI-focused digital infrastructure, with significant financial involvement from Google. Key details of the deal: – Hut 8 is leasing 245… pic.twitter.com/1vRFzAdihd — tsn (@tsncrypto) December 17, 2025 A critical part of the deal is the financial support from Google, which guarantees Hut 8’s lease payments.  Google’s backing provides Hut 8 with financial security for the full term of the base lease. This gives the company the ability to develop the project without worrying about payment obligations. However, Google is not a direct tenant; Fluidstack will occupy the space and manage operations.…

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Filed under: News - @ December 18, 2025 7:27 am