Hut 8 sees shares rise after signing $9.8 billion data center lease in Texas

AI Summary Hut 8 signed another 15-year lease worth $9.8 billion on Monday to fill the remaining capacity at its 1-gigawatt Beacon Point data center campus in Texas, with the company’s shares rising by about 5% in premarket trading as a result. The lease is expected to cover 352 megawatts of capacity. The megawatt has become a... fulltext: 326 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.cryptopolitan.com/hut-8-stock-rises-5-9-8-billion-data-center/ Source: CryptoPolitan