[Hut 8 to Invest $16 Million in Louisiana to Support AI Data Center Construction] According to Deep Tide TechFlow, on May 19, as reported by PRNewswire, Nasdaq-listed Bitcoin mining company Hut 8 announced an agreement with West Feliciana Parish, Louisiana, USA, to invest $16 million locally to support the construction of an AI data center. The funds will be used to expand the local water supply system for the River Bend AI Data Center campus.