
Hut 8 shares rose Monday after the company said it fully commercialized its 1-GW Beacon Point AI data center campus via a second 352-MW IT lease. The move brings campus-level base-term contract value to $19.6B, supporting visibility into future cash flows and strengthening the AI data center revenue runway.
Hut 8 shares rose Monday after the company said it fully commercialized its 1-GW Beacon Point AI data center campus via a second 352-MW IT lease. The move brings campus-level base-term contract value to $19.6B, supporting visibility into future cash flows and strengthening the AI data center revenue runway.
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