Hut 8 fully commercializes Texas campus with $9.8-billion AI data centre lease
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Article Excerpt
Hut 8 fully commercializes Texas campus with $9.8-billion AI data centre lease
REUTERS
PUBLISHED 45 MINUTES AGO
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Hut 8, a crypto-mining turned AI data centre company, said on Monday it has signed a second 15-year lease worth US$9.8-billion with an existing investment-grade customer, fully commercializing its 1-gigawatt Beacon Point campus in Texas.
Shares of the company, which have nearly doubled this year, rose about 5 per cent in premarket trading.
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