July 20 : Hut 8, a crypto-mining turned AI data center company, said on Monday it has signed a second 15-year lease worth $9.8 billion with an existing investment-grade customer, fully commercializing its 1-gigawatt Beacon Point campus in Texas.Shares of the company, which have nearly doubled this year, rose

July 20 : Hut 8, a crypto-mining turned AI data center company, said on Monday it has signed a second 15-year lease worth $9.8 billion with an existing investment-grade customer,…

Hut 8 signed a $9.8 billion, 15-year lease for its Beacon Point AI data center in Texas, sending HUT shares up over 30% as the former Bitcoin miner pivots