Hut 8 Secures $9.8 Billion Texas AI Lease as Bitcoin Miners Pivot to Compute
Key TakeawaysHut 8 signed a $9.8B, 15-year lease for 352MW at Beacon Point, doubling the tenant to 704MW.Hut 8’s 949MW AI portfolio shows crypto miners shifting power assets toward long-term AI contracts.Hut 8 targets Q1 2027 energization and Q2 2028...
