Bitcoin miner expands into AI infrastructure with long-term hyperscale contract in Texas, which includes options that could increase the total value of the agreement to over $25 billion. Hut 8 shares jumped nearly 30 percent after the company announced a 15-year, $9.8 billion lease for a large-scale AI data center project at its Beacon Point campus in Texas, with options that could lift the total value to about $25.1 billion. The former bitcoin-mining campus has been repositioned for AI and hig…
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