Hut 8 Corp. (HUT) Discusses AI Infrastructure Partnership and Major Data Center Lease with Anthropic and Fluidstack Transcript
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SA Transcripts157.4K FollowersFollow5ShareSaveComments Hut 8 Corp. (HUT) Discusses AI Infrastructure Partnership and Major Data Center Lease with Anthropic and Fluidstack December 17, 2025 12:00 PM EST Company Participants Suzanne Ennis - Head of Investor RelationsAsher Genoot - Co-Founder, CEO & DirectorSean Glennan - Chief Financial Officer Presentation Suzanne EnnisHead of Investor Relations [Audio Gap] Asher Genoot, CEO of Hut 8. So today, Hut 8 announced 2 major announcements. We announced an AI infrastructure partnership with Anthropic and Fluidstack, where Hut will develop at least 245 megawatts of infrastructure and up to 2.3 gigawatts of AI data center infrastructure for Anthropic, one of the leading AI labs who will be leveraging Fluidstack's clusters. We also announced the signing of a 15-year 245-megawatt AI data center lease at our River Bend campus in Louisiana with a total contract value of $7 billion over the base term and up to $17.7 billion if all renewal options are exercised. Google will be providing a financial backstop covering obligations for the 15-year base lease term, and we are really excited to get into this transaction with you guys today. So -- but first, some quick housekeeping items. Unless otherwise indicated, all figures discussed today are in U.S. dollars. Certain statements made during this call may constitute forward-looking statements within the meaning of applicable securities laws. These statements reflect current expectations and are subject to risks and uncertainties that could cause actual results to differ materially. Certain key risks are detailed in our Form 10-K for the year ended December 31, 2024, and in our other continuous disclosure filings. Except as required by law, we assume no obligation to update or revise any forward-looking statements. And with that, let's get into the AI infrastructure partnership that Hut 8 announced this morning. Asher GenootCo-Founder, CEO & Director Thanks, everybody, for