Hut 8 Wins $140M Bid for Poolin’s Two Texas Data Centers

Hut 8 (HUT) Stock Emerges Victorious in $140M Texas Data Center Acquisition Battle

Hut 8 (HUT) wins $140M bankruptcy auction for Poolin's Texas data centers. UBS initiates coverage with Buy rating and $143 price target amid AI expansion.

Hut 8 Wins $140 Million Bid for Two Poolin Texas Data Centers

The deal covers Poolin’s Pyote and Tarbush sites and remains subject to approval by a U.S. bankruptcy court in New Jersey.

Hut 8 wins Poolin's Texas site with $140M bid as AI reprices mining power

Hut 8 has acquired the two failed Texas data centers of Poolin at the auction for a price of $140 million based on the Poolin bankruptcy records. The sale will be completed only after getting the approval from the U.S. Bankruptcy Court in the District of New Jersey, which is scheduled to take place on...

Hut 8 Wins $140M Bid for Poolin’s Two Texas Data Centers

Hut 8 has emerged as the winning bidder for two Texas data center sites formerly operated by bankrupt crypto miner Poolin. The company offered $140 million in cash and other consideration for the Pyote and Tarbush facilities.  However, the transaction still requires approval from the U.S. Bankruptcy Court for the District of New Jersey. The […] Read The Full Article Hut 8 Wins $140M Bid for Poolin’s Two Texas Data Centers On Coin Edition.

Hut 8 wins bidding for Poolin's Texas data centers with $140M offer

Hut 8's acquisition of Texas data centers highlights the strategic shift towards leveraging energy assets for broader tech infrastructure growth.