Hut 8 Mining Corp secured a $9.8 billion 15-year lease agreement for 352 MW at its Beacon Point AI data center, expanding its portfolio to 704 MW. AMC Entertainment reported better-than-expected Q2 earnings, driven by strong summer releases, with adjusted EPS of $0.14 versus a loss forecast. Replenish Nutrients raised $15 million from SRC Agrominerals to expand its fertilizer facility and secure long-term carbonatite supply. These developments highlight growth in mining, entertainment, and sustainable agriculture sectors, signaling positive momentum and strategic investments ahead.
Hut 8 has secured a $9.8 billion, 15-year lease to fully commercialize its 1-gigawatt Beacon Point AI data center campus in Texas, expanding its contracted IT capacity to 949 MW. This marks a strategic shift from cryptocurrency mining to AI infrastru...
Hut 8 Corp. announced a second 15-year lease for 352 MW of IT capacity at its Beacon Point data center campus in Texas, doubling the existing tenant's contracted capacity to 704 MW. This $9.8 billion lease fully commercializes the 1,000 MW campus, su...
