Hut 8 Announces $9.8B AI Data Center Lease, Shares Rise 10%

Shares of Hut 8 surged over 10% after the company announced a second hyperscale AI data center lease in Texas worth $9.8 billion. The deal fully commercializes its Beacon Point campus and boosts its contracted portfolio to $26.6B, with expected annual NOI above $1.75 billion.

By David Moadel Mon, July 20, 2026 at 5:45 PM GMT+3 4 min read · Yahoo Finance · July 20, 2026, 14:45 UTC

Hut 8 Announces $9.8B AI Data Center Lease, Shares Rise 10%

Tickers: $HUT $MARA $RIOT

Topics: AI data centers real estate lease stock rally

Read the full article at Yahoo Finance

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