The company's Texas campus has two long-term leases worth $19.6 billion, more than 260 times its latest quarterly revenue, as AI companies race to secure power and data-center capacity.
- Anthropic agreed to spend $35 billion on computing capacity from Nvidia-backed Lambda, with some of it running through Hut 8’s Beacon Point campus in Texas.
- Hut 8’s two 15-year Beacon Point leases cover 704 megawatts and have a contracted value of $19.6 billion, though the company has not confirmed how much capacity is tied to the Anthropic deal.
- Bitcoin miners are increasingly shifting toward artificial intelligence infrastructure because their large sites, abundant power and existing grid connections can meet surging demand for computing capacity.
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The Definitive Stablecoin Landscape Series: Asia Pacific
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Why it matters :
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Once a $2 billion Ethereum layer-2, Blast is shutting down after assets plunge 98%
Live updates: Bitcoin reverses big early gains following soft U.S. jobs data
Tether's USDT is 'coming home' to Bitcoin after more than a decade
Payments firm OpenPayd targets year-end Nasdaq listing to fund U.S. expansion and acquisitions
Crypto job postings triple to over 1,200 in September, but applications fall
Cathie Wood says smart investors need to start watching where AI agents spend money
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