Hut 8 wins bidding for Poolin’s Texas data centers with $140 million offer
60-second summary
Hut 8 secures Poolin’s two Texas data‑center sites by offering $140 million, expanding its AI‑focused infrastructure portfolio. The deal adds roughly 200 MW of power capacity, positioning Hut 8 to meet rising demand for cryptocurrency mining and AI workloads. This acquisition strengthens its competitive edge, likely boosting investor confidence and supporting broader market growth in AI‑enabled mining.
The proposed acquisition would add two Texas sites to Hut 8’s expanding AI infrastructure portfolio.