Asher Genoot

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Asher Genoot

Asher Genoot

@ashergenoot

CEO @Hut8Corp (Nasdaq: HUT) | Executive Chairman @ABTC (Nasdaq: ABTC) | 2024 North America Forbes 30 Under 30: Energy

Miami, FL Katılım Aralık 2010
314 Takip Edilen11.9K Takipçiler
Asher Genoot
Asher Genoot@ashergenoot·
Today $HUT closed $3.25B of investment grade senior secured notes for our River Bend data center. This is one of the first investment grade financings in our sector. Here’s why it matters 👇
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Asher Genoot
Asher Genoot@ashergenoot·
@JoshuaKushner Working on it right now. Agreed, they can look epic. Want me to dm you some of our ideas?
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Joshua Kushner
Joshua Kushner@JoshuaKushner·
make data centers aesthetically beautiful
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Asher Genoot
Asher Genoot@ashergenoot·
This is how infrastructure should be financed. And it is how we plan to keep scaling Hut 8. Onward.
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Hut 8
Hut 8@Hut8Corp·
With the closing of our $3.25 billion offering, River Bend is now the first single-sponsor data center project to access the investment-grade construction bond market. The offering establishes a first-of-its-kind financing model for data center development.
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Anthony Pompliano 🌪
Anthony Pompliano 🌪@APompliano·
In October 2024 I wrote about the value of owning energy infrastructure for modern technologies. @Hut8Corp has executed against this thesis very well and the stock is up 300%+ I am no longer an official advisor (too many other things going on!), but it is great to see how they have performed. I believe the thesis is as strong today as ever. You can read the original thesis here: pomp.substack.com/p/my-plan-to-b…
Anthony Pompliano 🌪 tweet mediaAnthony Pompliano 🌪 tweet media
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McNallie Money
McNallie Money@McnallieM·
🚨 @Hut8Corp just dropped one of the biggest project finance deals in digital infrastructure history 🚨 ⚡ $3.25 BILLION in senior secured notes priced for River Bend data center project ⚡ 6.192% fixed rate* — fully amortizing through *2042* — institutional-grade 16-year capital stack ⚡ Proceeds fund development of *245 MW of critical IT capacity + substation at River Bend campus ⚡ Non-recourse to Hut 8 Corp — project financing structure keeps parent balance sheet clean ⚡ Offered to qualified institutional buyers only — Rule 144A — this is Wall Street's stamp of approval on the River Bend thesis ⚡ Notes close April 30, 2026 — fully amortizing beginning May 2028 Let that sink in — $3.25 BILLION in project financing for a single data center campus This isn't a miner with a dream. This is an infrastructure company executing at institutional scale. $HUT @ashergenoot just raised more project financing than most public companies raise in their entire history — for one campus!!! The market is still pricing this as a Bitcoin miner 👇
Hut 8@Hut8Corp

Hut 8 has priced $3.25 billion of investment-grade senior secured notes due 2042. The fully amortizing notes will finance the development and construction of a turnkey 245 MW data center at our River Bend campus.

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Asher Genoot retweetledi
Hut 8
Hut 8@Hut8Corp·
As demand for AI accelerates, the challenge of building and scaling power and compute infrastructure is becoming a central question for policy, capital allocation, and long-term competitiveness. Hut 8 CEO @ashergenoot will be in Washington, D.C. beginning April 13 as part of @semafor's inaugural cohort of World Economy Principals, a curated group of leaders building the infrastructure and systems underpinning the next global economy.
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