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Thread by Crypto
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Crypto
7 days ago
AI compute stocks bounce as Hut 8, IREN land billions in new contracts
@coindesk
Hut 8 (HUT) jumps 14% on $9.8 billion AI data center lease, lifting IREN, WULF, others
The long-term deal sparked a rebound in AI compute stocks after investors questioned demand for new data center capacity.
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