949 MW contracted AI/HPC leases, ~$27B base-term revenue
Company: Hut 8
The claim, verbatim
Hut 8 says it has contracted 949 MW of IT capacity across River Bend (Louisiana) and Beacon Point (Texas), and expects those leases to generate approximately $27 billion in base-term revenue over terms of 15 to 17 years.
Source (primary)
Hut 8 details strategy shift to AI data center leases in Q3 call - Crypto Briefing (-, news_article)
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Quote: “The company says it has contracted 949 megawatts of IT capacity, and those contracts are expected to produce approximately $27 billion in base-term revenue over leases running 15 to 17 years.”
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Additional evidence
confirms Hut 8 details strategy shift to AI data center leases in Q3 call - Crypto Briefing
Quote: “The company says it has contracted 949 megawatts of IT capacity, and those contracts are expected to produce approximately $27 billion in base-term revenue over leases running 15 to 17 years.”