Hut 8 Shares Hit All-Time High Price as Bitcoin Miner Signs $9.8 Billion AI Data Center Lease

Hut 8's shares have reached an all-time high price after signing a $9.8 billion lease for an AI data center. The lease is for the first phase of a complex in Nueces County, originally intended for Bitcoin mining. Hut 8 has secured a significant deal for its hyperscale AI campus.