PANews reported on April 28th, citing Bloomberg, that Bitcoin mining company Hut 8 has completed a $3.25 billion investment-grade bond issuance to fund the construction of a data center affiliated with Google. The mining company is transitioning into the energy and digital infrastructure sector. The bonds, maturing in 2042, offer a yield 1.85 percentage points higher than U.S. Treasury bonds. Located in St. Francisville, Louisiana, the project will have a capacity of 245 megawatts and occupy 600,000 square feet. Revenue will come from a 15-year lease with cloud computing startup Fluidstack, valued at approximately $7 billion, with Google providing financial guarantees. A subsidiary of Entergy Corp. will power the project under a service agreement. Hut 8 is a publicly traded Bitcoin mining company transitioning into an energy and digital infrastructure company, while also holding a controlling stake in American Bitcoin Corp., a crypto mining company associated with Eric Trump and Donald Trump Jr.