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Hut 8 surges on $9.8 billion AI data-center lease, lifting compute sector

CoinDesk· Krisztian Sandor· Jul 20, 2026 · 1:49 PM
Hut 8 surges on $9.8 billion AI data-center lease, lifting compute sector

The long-term deal sparked a rebound in AI compute stocks after investors questioned demand for new data center capacity.

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