Crypto miner Hut 8 signs a lease worth $9.8B+ over 15 years to provide computing power to a "high-investment-grade company" at its Nueces County, Texas campus (Dina Bass/Bloomberg)
Crypto miner Hut 8 signs a $9.8B+ 15-year lease at its Texas campus to host AI compute for a major investment-grade company, signaling crypto miners' pivot to AI infrastructure.
Excerpt
<a href="https://www.bloomberg.com/news/articles/2026-05-06/hut-8-to-lease-texas-ai-data-center-for-at-least-9-8-billion"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260506/i17.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260506/p17#a260506p17" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Dina Bass / <a href="https://www.bloomberg.com/">Bloomberg</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.bloomberg.com/news/articles/2026-05-06/hut-8-to-lease-texas-ai-data-center-for-at-least-9-8-billion">Crypto miner Hut 8 signs a lease worth $9.8B+ over 15 years to provide computing power to a “high-investment-grade company” at its Nueces County, Texas campus</a></b></span> — Hut 8 Corp., a cryptocurrency miner that is shifting to developing artificial intelligence data center capacity … </p>
Read at source: https://www.techmeme.com/260506/p17#a260506p17