Hut 8 shares soar over 30pct after $9.8B AI data center deal
Bitcoin miner Hut 8 shares surged over 30 percent after the company secured a $9.8 billion AI data center deal built to NVIDIA specifications. The deal marks the first phase of Hut 8 commercializing its Beacon Point data center campus in Nueces County, Texas.
This further validates the market trend of mining companies pivoting to AI infrastructure.
Source: The Block