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The Block (@TheBlockCo)
THE BLOCK: Hut 8 $HUT emerged as the winning bidder for Poolin’s two Texas data center sites with a $140 million offer, nearly tripling the original $52 million combined floor bid. The former mining-pool giant filed for bankruptcy in July with around $173 million in debt, including nearly $164 million owed to wallet users.
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CoinDesk (@CoinDesk)
LATEST: CleanSpark ($CLSK) recently signed its first AI data center contract, and Clear Street's Brian Dobson says the Bitcoin miner-to-HPC pivot "is nowhere close to being over." $CORZ, $HUT, and $WULF have already inked deals. Now the question is execution.
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ZEROBASE (@zerobasezk)
Crypto stocks posted some of the strongest gains on Wall Street on July 27, 2026, even as the broader market finished mixed and AI infrastructure shares came under pressure. The Dow rose 0.51 percent to 52,210.08, the S&P 500 edged up 0.02 percent to 7,413.18, and the Nasdaq slipped roughly 0.2 percent. Capital rotated out of chipmakers and data-center names into crypto equities, while bitcoin miners lagged. Bitmine Immersion climbed more than 11 percent after buying nearly 10,000 ether tokens worth about 19.4 million dollars, lifting its holdings to roughly 5.79 million tokens and total crypto-plus-cash assets to around 11.8 billion dollars. Strategy gained about 7 percent after adding to its cash reserves for a fifth straight week, reaching approximately 3.75 billion dollars while holding its bitcoin position steady at 843,775 coins. Coinbase, BitGo and Figure Technology each advanced 4 to 6 percent, and Circle rose 2 percent on its acquisition of IBM’s blockchain patent portfolio of nearly 1,000 patents. Bitcoin mining stocks moved lower. Cipher Mining fell about 8 percent, Core Scientific dropped 9 percent, Hut 8 declined roughly 6 percent, and Riot, CleanSpark, MARA and TeraWulf each slipped 3 to 5 percent. Most public miners have expanded into high-performance computing and AI data centers, so investors now treat them more as digital-infrastructure plays than pure bitcoin producers, causing them to trade in tandem with the AI complex. Spot bitcoin remained little changed in the mid-64,000-dollar range, while ether held near 1,900 dollars. The rotation away from AI was fueled by concerns over circular financing and heavy capital needs, including reports that Nvidia is discussing a financial backstop of up to 250 billion dollars for OpenAI’s planned Ohio data-center lease. Nvidia shares fell nearly 5 percent, AMD more than 7 percent, and other chipmakers also sold off. Macro conditions supported the shift. The 10-year Treasury yield eased to about 4.64 percent. Crude oil prices plunged more than 9 percent after the United States and Iran paused strikes in their ongoing conflict, reducing supply-disruption fears and freeing risk capital. The Federal Reserve meets through July 29 with rates in the 3.50–3.75 percent range, while major technology earnings arrive this week. The session showed how quickly capital can reallocate when AI financing questions, geopolitical de-escalation and softer yields coincide. Crypto stocks captured the alternative-theme bid, while the hybrid nature of most bitcoin miners left them on the wrong side of the same trade.
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The Block (@TheBlockCo)
THE BLOCK: Benchmark raised Hut 8's price target by nearly 20% after the company doubled its leased capacity at its Beacon Point AI campus. The firm said $HUT is evolving into a "power-first data center REIT," with $26.6 billion in contracted revenue.
- HUT+70Positive
Wu Blockchain (@WuBlockchain)
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.
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The Block (@TheBlockCo)
THE BLOCK: Hut 8 and IREN each unveil billion-dollar AI infrastructure deals as the miner-to-AI pivot accelerates. $HUT signs a second $9.8 billion lease to fully commercialize its 1 GW Texas campus at $19.6 billion. $IREN adds $2.8 billion in contracts and lifts its 2026 revenue target above $4 billion.
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The Block (@TheBlockCo)
THE BLOCK: Hut 8 and IREN each unveil billion-dollar AI infrastructure deals as the miner-to-AI pivot accelerates. $HUT signs a second $9.8 billion lease to fully commercialize its 1 GW Texas campus at $19.6 billion. $IREN adds $2.8 billion in contracts and lifts its 2026 revenue target above $4 billion.
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The Block (@TheBlockCo)
THE BLOCK: Benchmark raises Hut 8 price target to $165 from $85, citing $16.8 billion in contracted AI data center lease value. $HUT holds 10,667 $BTC and has a 60% stake in Trump-linked bitcoin mining and treasury company American Bitcoin.
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The Block (@TheBlockCo)
Bitcoin miner-to-AI boom sends stocks soaring as Cipher and Hut 8 hit fresh highs https://t.co/QgYm1acz1u
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The Block (@TheBlock__)
Hut 8 posts $248 million net loss for 2025 as AI pivot takes shape https://www.theblock.co/post/391264/hut-8-posts-248-million-net-loss-for-2025-as-ai-pivot-takes-shape?utm_source=twitter&utm_medium=social
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CoinDesk (@CoinDesk)
🚨 LATEST: Bitcoin miner Hut 8 is partnering with Fluidstack and Anthropic to build large-scale AI data center infrastructure, supported by a Google-backed lease.
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The Block (@TheBlock__)
Hut 8 shares surge 25% as bitcoin miner seals AI deal with Anthropic and Fluidstack, signs $7 billion data center lease https://t.co/KOqUKvbVNJ
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The Block (@TheBlock__)
Hut 8’s AI expansion and ABTC stake form ‘hybrid story with room to run,’ implying 50% upside: Benchmark https://www.theblock.co/post/376559/hut-8s-ai-expansion-and-abtc-stake-form-hybrid-story-with-room-to-run-implying-50-upside-benchmark?utm_source=twitter&utm_medium=social
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The Block (@TheBlock__)
Bitcoin miner Hut 8 signs five-year capacity contracts with Ontario grid operator for gas-fired power plants https://www.theblock.co/post/360848/bitcoin-miner-hut-8-signs-five-year-capacity-contracts-with-ontario-grid-operator-for-gas-fired-power-plants?utm_source=twitter&utm_medium=social
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Wu Blockchain (@WuBlockchain)
According to Bloomberg, American Bitcoin, a crypto firm backed by Eric Trump, has raised $220 million to buy Bitcoin and mining equipment. About $10 million in equity was sold in Bitcoin rather than dollars. Majority-owned by Hut 8 Corp, the company plans to go public via a merger with Gryphon Digital Mining Inc. https://t.co/XDaSQ6c5Cg
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CoinDesk (@CoinDesk)
MARKETS📈: Hut 8 Boosts Holdings: Gets $130M Bitcoin Loan From Coinbase, Cuts Rate ✨ Reported by @tom_carreras
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The Block (@TheBlock__)
Hut 8 doubles Bitcoin-backed credit line with Coinbase Credit to $130 million, locks fixed rate https://www.theblock.co/post/359448/hut-8-doubles-bitcoin-backed-credit-line-with-coinbase-credit-to-130-million-locks-fixed-rate?utm_source=twitter&utm_medium=social
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Wu Blockchain (@WuBlockchain)
At the Bitcoin 2025 conference, Don Jr. and Eric Trump predicted Bitcoin could surpass $170,000 by the end of 2026. Influenced by Michael Saylor, they are pursuing several crypto ventures, including American Bitcoin, a mining firm partnered with Hut 8, and the DeFi project World Liberty Financial. https://t.co/mUfxLB595W
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CoinDesk (@CoinDesk)
A number of thoroughly roughed-up bitcoin miners are having a day today after CoreWeave inked a $4B data center deal with OpenAI. $HUT, $WULF, $HIVE, $CIFR are all ahead 10%-20%. $CRWV is up 26%. @sndr_krisztian reports trib.al/xbHISAi
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The Block (@TheBlock__)
Bitcoin miner Hut 8 posts $134 million net loss in Q1 as company invests in new strategy theblock.co/post/353776/bi…
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The Block (@TheBlock__)
Deal with Trump-backed American Bitcoin makes 'sound strategic sense' for Hut 8, analyst says theblock.co/post/349248/de…
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Wu Blockchain (@WuBlockchain)
According to Bloomberg, Eric Trump, son of U.S. President Donald Trump, and crypto mining firm Hut 8 Mining have jointly launched a new Bitcoin mining company, American Bitcoin, which plans to pursue a public listing and raise additional private capital. The company is also partnering with Chinese mining hardware manufacturer Bitmain to support the expansion of its operations and deployment of equipment. bloomberg.com/news/articles/…
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Hamster Kombat (@hamster_kombat)
⚡️Hamster News | April 1⚡️ • Trump brothers team up with Hut 8 in Bitcoin mining venture • NFT marketplace X2Y2 shuts down, pivoting to AI • SpaceX launches «Fram2» crewed mission to historic polar orbit and more! 🚀 Watch every video closely to get clues that you can use later
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Grayscale (@Grayscale)
$HUT announced the launch of American Bitcoin Corp, a collaboration with Eric Trump – the goal is to become the world’s largest, most efficient pure-play miner while building a long-term strategic Bitcoin reserve. $HUT is a top-10 name in the Grayscale Bitcoin Miners ETF, Ticker: $MNRS, which offers focused exposure to the global Bitcoin mining industry. For fund holdings and more details about $MNRS, visit: etfs.grayscale.com/mnrs?gad_sourc…
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CoinDesk (@CoinDesk)
🗞️ @EricTrump and @DonaldJTrumpJr back miner American Bitcoin with HUT 8 🗞️ Trump will reportedly host Bukele at the White House 🗞️ Trump pardons Arthur Hayes and other BitMEX staff More with @christinenews on "CoinDesk Daily" 🔗👇 Thank you @Uniswap, sponsor of CoinDesk New Media Network! 🦄
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The Block (@TheBlock__)
Hut 8 partners with Trump-backed firm to launch American Bitcoin mining company theblock.co/post/348858/hu…
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