Hut 8 Corp (NASDAQ:HUT) sells four Ontario natural-gas power plants to TransAlta Corporation. The company’s revenue nearly doubled to $83.5 million in the third quarter, with a net income of $50.6 million. CEO Asher Genoot plans to use proceeds for digital infrastructure projects. Hut 8 operates large-scale data centers and focuses on developing infrastructure for energy-intensive use cases. While Hut 8 is a good investment, other AI stocks may offer greater upside potential. Hut 8 is a digital asset infrastructure company that mines Bitcoin and provides high-performance computing and cloud services.

Read more at Yahoo Finance: Hut 8 Corp. (HUT) Delivers Robust Revenue and Earnings Growth amid Digital Infrastructure Focus