Hut8 (ticker: HUT), a Nasdaq-listed Bitcoin mining company in the U.S., is reportedly considering utilizing BTC as collateral to expand its AI data center business. According to reports, Hut8 is considering the possibility of raising funds using its held BTC during the process of expanding investments in AI and High-Performance Computing (HPC) infrastructure. The company explained that it is expanding its AI data center and power infrastructure businesses in addition to its mining operations, and is exploring ways to utilize BTC as a strategic financial asset.
