Hut 8 Signs $9.8 Billion AI Data Center Lease in Texas

Hut 8, a former crypto-mining company now focused on AI infrastructure, signed a second 15-year lease worth $9.8 billion with an investment-grade customer at its Beacon Point campus in Texas, fully commercializing the site's capacity and boosting total contracted value to $26.6 billion.

By Reuters Mon, July 20, 2026 at 1:37 PM GMT+3 2 min read · Yahoo Finance ·

Hut 8 Signs $9.8 Billion AI Data Center Lease in Texas

Tickers: $HUT $NVDA

Topics: AI crypto-mining transition data centers lease agreement

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