Hut 8 signed a second 15-year lease worth $9.8B with an existing investment-grade customer, fully commercializing its 1-gigawatt Beacon Point campus in Texas. The contract strengthens long-duration revenue visibility for its AI/data-center operations following its crypto-mining pivot. This is the kind of large, contracted expansion that can support investor confidence and modestly move the stock.
Hut 8 signed a second 15-year lease worth $9.8B with an existing investment-grade customer, fully commercializing its 1-gigawatt Beacon Point campus in Texas. The contract strengthens long-duration revenue visibility for its AI/data-center operations following its crypto-mining pivot. This is the kind of large, contracted expansion that can support investor confidence and modestly move the stock.
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