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Hut 8 announces $9.8B AI data center lease with analyst Rosenblatt lifting 2028 forecasts, converting bitcoin mining capacity to AI at unprecedented scale.

Largest crypto-to-AI pivot demonstrates facility/power reuse economics; proves stranded crypto infrastructure has viable second life.
Trade pressSlicast · July 24, 2026 · US · Source: Google News
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Hut 8 announces $9.8B AI data center lease with analyst Rosenblatt lifting 2028 forecasts, converting bitcoin mining capacity to AI at unprecedented scale.

Largest crypto-to-AI pivot demonstrates facility/power reuse economics; proves stranded crypto infrastructure has viable second life.

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Hut 8 announces $9.8B AI data center lease… · Slicast