American Bitcoin Owner Hut 8 Moves to New HQ in Miami Amid $26.6B AI Expansion

Hut 8 Corp., the majority owner of American Bitcoin, has relocated its headquarters to a larger office in Miami as part of a strategy to expand its energy infrastructure and AI data center business, tied to a $26.6 billion AI expansion. The move underscores the bitcoin miner's pivot toward AI and high-performance computing capacity alongside its crypto operations. The company has not disclosed specific terms for the new office or a breakdown of the $26.6 billion figure. Investors will watch for further detail on how the AI buildout is funded and phased, and whether Hut 8 discloses new data center capacity or customer contracts.