Bitcoin miner Hut 8 signed a 15-year, $9.8 billion lease for a 352MW AI data center in Texas, boosting its contracted AI capacity to 597MW with a total contract value of $16.8 billion.
Hut 8's stock surged 30% pre-market after signing a 15-year, $9.8 billion triple-net lease for 352 MW of AI computing capacity at its Beacon Point campus, marking its second major AI data center deal.
Hut 8 signed a $9.8 billion, 15-year AI infrastructure lease for 352 MW of IT capacity at its Beacon Point campus in Texas. Shares jumped 30% pre-market, marking another step in the miner's pivot to hyperscale AI computing.
Bitcoin miner Hut 8 shares jumped 30% after announcing a $9.8 billion, 15-year triple-net lease for 352 MW of AI infrastructure at its Texas campus, marking its second major AI data center deal.
Hut 8 surged in pre-market trading after announcing a 15-year AI infrastructure lease worth $9.8 billion at its Beacon Point campus in Texas, underscoring the broader shift from bitcoin mining infrastructure toward hyperscale AI data center development.
Hut 8 (NASDAQ: HUT) shares jumped 30% pre-market after securing a second 15-year, $9.8B AI data center lease for 352 MW capacity at its Beacon Point campus. The deal underscores bitcoin miners' shift toward high-performance computing infrastructure.
Iris Energy increases power capacity at its Childress, Texas site from 600 MW to 750 MW, raising total secured capacity to 2,310 MW. The company plans to use clean energy for Bitcoin mining and AI cloud computing, amid low hashprice post-halving.
Iris Energy has increased power capacity at its Childress, Texas site from 600 MW to 750 MW, lifting total secured power capacity to 2,310 MW as it expands bitcoin mining and AI cloud infrastructure.
