Hut 8 stock fell 11% to $78.54 on Friday, TeraWulf dropped 5% to $15.58, and IREN declined 3% to $41.20, with the sell-off tracking each stock's 2026 gains and signaling profit-taking rather than a re…
Hut 8 Corp. shares fell about 4.5% in late morning trading after the company reported second-quarter revenue of $74.9 million, missing analyst estimates. The company's contracted AI infrastructure por…
Nvidia has been identified as the undisclosed investment-grade tenant behind two 15-year leases at Hut 8's Beacon Point AI campus in Nueces County, Texas, with a combined base value of $19.6 billion t…
Nvidia signed leases worth up to $50 billion for Hut 8's Beacon Point AI data center campus in Nueces County, Texas, a facility designed to house hundreds of thousands of its own graphics processing u…
Nvidia is the mystery tenant behind Hut 8's two 15-year leases at the Beacon Point data center campus in Texas, a deal that could be worth up to $50bn over its full life, the Financial Times reported …
Bitcoin miners Hut 8 and IREN have locked in multi-billion-dollar AI infrastructure contracts, with Hut 8's stock surging nearly 30% after announcing a 15-year lease valued at $9.8 billion at its Beac…
Hut 8 Corp. signed a $9.8 billion, 15-year lease to fully commercialize its Beacon Point campus in Texas, bringing its total base-term contract value to $26.6 billion. The company, once dismissed as a…
Hut 8 Corp. surged 30-35% after announcing a 15-year triple-net lease worth $9.8 billion for the first phase of its Beacon Point AI data center campus in Nueces County, Texas, covering 352 megawatts o…
Benchmark raised its price target on Hut 8 to $165 from $85, nearly doubling its previous estimate, after the Bitcoin miner secured $16.8 billion in contracted lease value across two hyperscale AI dat…
Hut 8 disclosed a $16.8 billion contracted lease base across its River Bend and Beacon Point campuses, covering 597 megawatts of AI data center capacity. The company also refinanced a Bitcoin-backed c…