Bitcoin Miner Hut 8 Signs $9.8 Billion AI Infrastructure Lease

Hut 8 (Nasdaq: HUT), a Bitcoin miner expanding into AI infrastructure, signed a $9.8 billion lease for its Texas data center campus, leading to a 14% surge in shares on July 20. The deal fully commercializes the second phase of Hut 8's Beacon Point facility and brings total contracted capacity at the site to 704 MW.

By Neo · TheStreet · July 20, 2026, 16:48 UTC

Bitcoin Miner Hut 8 Signs $9.8 Billion AI Infrastructure Lease

Tickers: $HUT $NVDA

Topics: AI Infrastructure Bitcoin Mining Data Centers

Read the full article at TheStreet

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