Hut 8 (HUT), a public bitcoin BTC$111,356.14 mining and energy infrastructure firm, surged Tuesday after revealing plans to more than double the company’s power capacity.

The plans include the development of four new sites across the United States with more than 1.5 gigawatts (GW), expanding total power capacity to over $2.5 GW across 19 locations, according to a press release.