Disclosure
Eric Jackson is a director of Silvia, Inc., where Anthony Pompliano is Chairman and CEO. Jackson chairs the board's Compensation Committee, according to Silvia's investor site. Jackson is quoted below and has said on the show that he invests in Hut 8.
The short answer: Hut 8 (Nasdaq: HUT) is a Miami-based company that started in bitcoin mining and now builds large data centers for AI. Asher Genoot is CEO. It has signed long-term leases worth more than $26 billion over their base terms at two campuses in Louisiana and Texas, and was worth about $7.55 billion as of October 23, 2026.
A company profile from The Pomp Podcast, hosted by Anthony Pompliano. Last updated: October 25, 2026.
Key takeaways
Hut 8 (Nasdaq: HUT) is a Miami-based company that started in bitcoin mining and now builds large AI data centers.
Asher Genoot is CEO.
Fluidstack signed a 15-year, 245 megawatt lease worth $7.0 billion with a Google financial backstop, and Hut 8 was worth about $7.55 billion on October 23, 2026.
What is Hut 8?
Hut 8 is headquartered in Miami and is led by CEO Asher Genoot, according to its company profile. It calls itself an energy infrastructure platform that combines power, digital infrastructure and computing. It got its start in bitcoin mining and has shifted toward building AI data centers.
What is River Bend?
River Bend is Hut 8's data center campus in Louisiana. In December 2025, Hut 8 announced:
A 15-year lease with Fluidstack for 245 megawatts of IT capacity, worth $7.0 billion over the base term and up to about $17.7 billion if all renewal options are used.
A financial backstop from Google covering obligations for the 15-year base lease term.
Partners including Entergy, J.P. Morgan and Goldman Sachs, Vertiv and Jacobs.
An initial data hall scheduled for Q2 2027.
What is Beacon Point?
Beacon Point is a one-gigawatt campus in Texas. In July 2026, Hut 8 signed a second 352 megawatt lease there with the same investment-grade tenant, bringing the campus's base-term contract value to $19.6 billion. Hut 8 said its total contracted base-term value across the two campuses was $26.6 billion.
How did Hut 8 do last quarter?
In its second-quarter 2026 results, Hut 8 said it had:
1,330 megawatts of utility capacity under construction across River Bend and Beacon Point.
Raised $7.5 billion of investment-grade project financing, including $3.25 billion of senior secured notes for River Bend.
Targeted first data hall deliveries in Q2 2027 at River Bend and Q3 2027 at Beacon Point.
Hut 8's market value was about $7.55 billion at the close on October 23, 2026, according to StockAnalysis. Its next earnings report is scheduled for November 4, 2026, according to StockAnalysis.
What did The Pomp Podcast say about Hut 8?
On the October 15, 2026 episode, "How to Find the Next 10x Stock Before Everyone Else | Eric Jackson", Pomp asked EMJ Capital founder Eric Jackson about his visit to River Bend:
"One of the companies you've been involved in is Hut 8, and they seem to be doing very well."
Jackson said seeing the site in person changed how he thought about the AI infrastructure names he had owned for about a year and a half:
"I thought I knew them, but this was the first time that I actually went down physically"
He said Google is backing the project financially and that Anthropic is the anchor customer behind tenant Fluidstack. He also said Hut 8 is a "misunderstood" company:
"this is one of the most misunderstood stocks out there. Usually that's a good sign."
Jackson put the River Bend debt at $3.5 billion on the show. Hut 8's own results put the River Bend notes at $3.25 billion. That is his view of the stock, and he is a Silvia director.
Every Pomp Podcast episode that discussed Hut 8
Hut 8 came up in 1 recent episode of The Pomp Podcast. Each link opens the YouTube video at that moment.
Oct 15, 2026: How to Find the Next 10x Stock Before Everyone Else | Eric Jackson. Eric Jackson described his trip to Hut 8's Louisiana campus. Timestamps: 6:22 (River Bend visit), 8:30 (Vertiv and the build), 9:58 (CEO Asher Genoot), 13:08 ("most misunderstood stocks").
Watch or listen to the episode
How to Find the Next 10x Stock Before Everyone Else | Eric Jackson, released October 15, 2026. The Hut 8 discussion starts at 6:22.
Opinions from guests on The Pomp Podcast are their own. Nothing on this page is a recommendation to buy or sell any security.
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Where can I follow Hut 8?
Hut 8 posts results and filings on its investor site.
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Frequently asked questions
What is Hut 8?
Hut 8 is a Miami-based company that started in bitcoin mining and now builds large AI data centers. It trades on Nasdaq as HUT.
Who is the CEO of Hut 8?
Asher Genoot.
Who is Hut 8's tenant at River Bend?
Fluidstack signed a 15-year, 245 megawatt lease worth $7.0 billion over the base term, with a financial backstop from Google, according to Hut 8.
How much is Hut 8 worth?
About $7.55 billion at the October 23, 2026 close, according to StockAnalysis.
When will Hut 8's data centers open?
Hut 8 is targeting first data hall deliveries in Q2 2027 at River Bend and Q3 2027 at Beacon Point.
Sources
Last updated: October 25, 2026
Anthony Pompliano is an entrepreneur, investor, and author who serves as Chairman and CEO of Silvia, Inc (SVIA) and invests through Pomp Investments. He is the host of The Pomp Podcast, where he interviews founders, investors and economists about bitcoin, markets, AI and the economy.
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This profile is for informational purposes only and reflects reporting available as of October 25, 2026, plus opinions shared on The Pomp Podcast. It is not investment advice. Do your own research before making any investment decision.
