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Hut 8's Texas power site sits inside Anthropic’s $35 billion AI deal
Published Source: CoinDeskRead original
Crypto Insight Summary: The company's Texas campus has two long-term leases worth $19.6 billion, more than 260 times its latest quarterly revenue, as AI companies race to secure power and data-center capacity. Crypto Insight Analysis: Direction: Bullish HUT Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: AI infrastructure demand boosts Hut 8's Texas data center value.