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Former Bitcoin miner Hut 8 fully contracts Beacon Point AI campus at $19.6 billion valuation with hyperscaler commitments.

Largest repurposed mining-to-AI campus demonstrates viability of stranded mining infrastructure for AI compute supply, validating conversion as path to hyperscaler capacity partnerships.
Trade pressSlicast · July 22, 2026 · US · Source: Google News
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Former Bitcoin miner Hut 8 fully contracts Beacon Point AI campus at $19.6 billion valuation with hyperscaler commitments.

Largest repurposed mining-to-AI campus demonstrates viability of stranded mining infrastructure for AI compute supply, validating conversion as path to hyperscaler capacity partnerships.

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Former Bitcoin miner Hut 8 fully contracts… · Slicast