Hut 8 Signs $9.8 Billion AI Lease, Shares Surge

Bitcoin miner Hut 8 signed a $9.8 billion lease for its Texas data center campus, leading to a surge in shares by as much as 14%. The deal fully commercializes the second phase of the Beacon Point site and expands AI computing capacity using Nvidia's design.

By Neo Mon, July 20, 2026 at 10:48 PM GMT+3 2 min read · Yahoo Finance · July 20, 2026, 19:48 UTC

Hut 8 Signs $9.8 Billion AI Lease, Shares Surge

Tickers: $HUT $NVDA

Topics: AI infrastructure Bitcoin mining data centers lease agreements

Read the full article at Yahoo Finance

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