Hut 8 Secures Long-Term Lease for $9.8 Billion AI Data Center

Multi-Use Flexibility with a 'Power-First Model'

On the 6th, publicly traded cryptocurrency mining company Hut 8 announced it has signed a 15-year lease agreement worth $9.8 billion (approximately 1.5 trillion yen) for an AI data center compatible with NVIDIA's computing architecture.

Commercialization at the Beacon Point Data Center facility in Nueces County, Texas, will...