Home > Quick > Body

STOCKS | Hut 8 and IREN Shares Jump on Billion-Dollar AI Infrastructure Deals

clock
2026-07-20 14:27:53
Hut 8 and IREN shares climbed double digits after the Bitcoin miners announced AI infrastructure deals worth $9.8 billion and $2.8 billion. According to NS3.AI, Hut 8 signed a second 15-year lease that fully commercializes its 1-gigawatt Beacon Point campus in Texas. IREN also raised its year-end 2026 AI Cloud annualized run-rate revenue target to more than $4 billion.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.