AICointelegraphabout 13 hours ago
Hut 8, IREN deals lift Bitcoin mining stocks
1 min read
Bitcoin mining stocks surged Monday after Hut 8 announced a 15-year, $9.8 billion AI data center lease and IREN disclosed $2.8 billion in cloud services contracts. IREN expects over $4 billion in annual AI cloud revenue by 2026. The TEM AI Infrastructure Growth Index rose 1.4%.
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