Bitcoin mining company Hut 8 experienced a nearly 12% jump in pre-market trading following speculation on social media that it is partnering with Meta Platforms, the owner of Facebook. The speculation suggests that the two companies are collaborating to build an AI data center in West Feliciana Parish, Louisiana, with an estimated cost of $12 billion. While neither Hut 8 nor Meta has confirmed the partnership, there are similarities between bitcoin mining and AI data centers, and some miners have been exploring AI computation to diversify their revenue streams. Both companies have not responded to requests for comment.



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