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Hut 8 Sells Power Plants to TransAlta, Focusing on Digital Infrastructure
ByAinvest
Monday, Nov 17, 2025 7:49 am ET1min read
Hut 8 Corp. sold a 310-megawatt portfolio of four natural gas-fired power plants in Ontario to TransAlta, focusing on digital infrastructure development. The sale marks Hut 8's shift towards digital infrastructure, following its acquisition of 70% of the world's largest Bitcoin mining pool, Bitfury's mining operations in Canada. Hut 8 aims to capitalize on the growth of the digital asset industry.
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