Canadian bitcoin mining company Hut 8 has secured a massive deal to rent out its artificial intelligence (AI) data center. The 15-year lease is valued at a staggering $9.8 billion, making it one of the largest deals in industry history. This agreement surpasses the company's previous AI data center lease by nearly threefold.
Source
"Hut 8's Stock Surges Following Record-Breaking AI Data Center Lease" — Bitcoin Magazine
This article is Bitcoincryptos' summary and analysis of reporting originally published by Bitcoin Magazine. Read the full original report at the link above.
Hut 8's stock prices have responded positively to the news, with shares jumping in response to the announcement.
BTC · 7D · $66,158+5.9%