The bitcoin miner deepened its pivot into AI infrastructure with a $7 billion long term lease backed by Google.
Hut 8 stock surges 20% on Fluidstack AI data center deal
The bitcoin miner deepened its pivot into AI infrastructure with a $7 billion long term lease backed by Google.
Shares:
Led by Executive Chairman Michael Saylor, the company raised the funds entirely by sales of common stock.
Christie's pivot follows its high-profile role at Hong Kong Fintech Week 2024, where digital art and AI were center stage.
Ether's recent price rally is driven by short covering rather than new bullish bets, CF Benchmarks' Sui Chung said.
CryptoQuant data shows a $6–8B profit-taking spike in July as new whales offload BTC near highs. Trump's renewed tariff measures, announced Thursday, deepen the consolidation phase.