Hut 8 selected by Celsius debtors to build out Cedarvale, Texas site

December 18, 2023

https://www.globenewswire.com/news-release/2023/12/18/2797625/0/en/Hut-8-selected-by-Celsius-debtors-to-build-out-Cedarvale-Texas-site.html

Miami, FL, Dec. 18, 2023 (GLOBE NEWSWIRE) — Hut 8 Corp. (Nasdaq | TSX:HUT), (“Hut 8” or the “Company”) one of North America’s largest, most innovative digital asset mining pioneers and high performance computing infrastructure providers, has signed an interim agreement to build out and install mining operations in connection with the Celsius Network LLC bankruptcy proceedings at a site in Cedarvale, Texas. Once complete, the site will house approximately 66,000 miners and be powered by more than 215 MW of energy. 

Read more at globenewswire.com

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