Hut 8 has acquired 990 BTC at an average price of $101,710 per coin, increasing its total reserves to 10,096 BTC, valued over $1 billion, solidifying its status among the top ten Bitcoin holders globally. The company is also expanding its operations into AI and cloud computing with GPU-as-a-Service offerings, while rumors suggest a potential collaboration on a $12 billion AI data center project in Louisiana with Meta. Hut 8 continues to enhance its mining capabilities, aiming for increased efficiency and operational growth.