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.
Topics: AI crypto-mining transition data centers lease agreement