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Hut 8 Signs $7 Billion Data Center Lease Agreement with Fluidstack

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Hut 8 has signed a $7 billion, 15-year data center lease with Fluidstack, as reported in crypto news. The deal includes a 245-megawatt facility at the River Bend campus. Fluidstack may expand to 1,000 megawatts in future phases, depending on campus capacity. The move comes amid ongoing inflation data concerns and rising energy demands in the crypto sector.
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