Hut 8 signs a 15-year data center lease agreement worth $7 billion

Jinse Finance reported that bitcoin mining company Hut 8 announced on X that it has signed a 15-year data center lease agreement with Fluidstack, valued at $7 billion, to lease its 245 MW data center located in the River Bend campus. Additionally, Fluidstack may add up to 1,000 MW of capacity during future expansion phases at the campus, with the specific term depending on the installed capacity of the campus.