Wu Blockchain (@WuBlockchain): Hut 8 and IREN Secure Major AI Deals as Crypto Miners Expand Beyond Bitcoin
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Hut 8 and IREN Secure Major AI Deals as Crypto Miners Expand Beyond Bitcoin Hut 8 signed a second 15-year AI data center lease worth $9.8 billion, fully commercializing its 1 GW Beacon Point campus in Texas. Separately, IREN secured $2.8 billion in new multi-year AI cloud contracts and raised its year-end 2026 annualized AI cloud revenue target to more than $4 billion, highlighting the growing shift of crypto miners toward AI infrastructure.