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Hut 8 (HUT) Stock Jumps 16% After Signing $9.8 Billion AI Data Center Lease

CoinCentral·July 20, 2026·1 min read
Hut 8 (HUT) Stock Jumps 16% After Signing $9.8 Billion AI Data Center Lease

Hut 8 signed a second 15-year lease worth $9.8 billion at its Beacon Point campus in Texas, fully commercializing the 1-gigawatt site. HUT stock rose up to 16% in premarket trading. The unnamed tenant doubled its contracted capacity to 704 MW.

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