Hut 8 Shares Hit All-Time High Price as Bitcoin Miner Signs $9.8 Billion AI Data Center Lease

In brief

• Hut 8 signed a 15-year, $9.8 billion lease for 352 MW of AI data center capacity at its Beacon Point campus in Texas.
• The deal is the second hyperscale AI campus lease under Hut 8’s “power-first” development model.
• The campus, originally planned for Bitcoin mining, is built to Nvidia’s…