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Hut 8 shares jump over 30% on news of $9.8 billion AI data center lease

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CoinDesk Staff

(02:56 PM UTC)

1 min read

Verified bySarah Chen

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Bitcoin miner expands into AI infrastructure with long-term hyperscale contract in Texas, which includes options that could increase the total value of the agreement to over $25 billion.

Hut 8 (HUT) shares surged nearly 30% Wednesday as the company announced a 15-year, $9.8 billion lease tied to a large-scale AI data center project in Texas. Hut 8 also said the lease structure includes options…

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CoinDesk Staff · CoinDesk

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