Hut 8 Corp. (HUT)
Hut 8 is a former Bitcoin miner that made a bold pivot towards AI. The company has repositioned its sites as AI data centres and now holds contracts for 597 MW of capacity worth approximately $16.8 billion. In May 2026, Hut 8 signed a 15-year AI data centre lease in Texas worth $9.8 billion, and its stock jumped nearly 30% that day. It's a story of a former crypto player reinventing itself as a serious AI infrastructure company.