[Brief] Hut 8 Shares Surge Over 30 Percent on 9.8 Billion Dollar AI Data Center Lease
According to CoinDesk, Bitcoin miner Hut 8 announced a long-term hyperscale AI infrastructure contract in Texas, including options that could bring the total value to $9.8 billion. Following the news, Hut 8 shares surged over 30 percent.
The company is accelerating its transition from traditional mining operations to AI infrastructure.
Source: CoinDesk