Hut 8 Announces $9.8 Billion Lease for AI Data Center in Texas
Hut 8 (NASDAQ: HUT) announced a 15-year, $9.8 billion lease agreement for its Beacon Point AI data center campus in Nueces County, Texas, leading to a stock surge of up to 37%. The deal marks the company's expansion beyond bitcoin mining into high-value AI infrastructure.
Tickers: $HUT
Topics: AI data centers commercial leasing infrastructure investment stock movement