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regulation

Hut 8's Texas power site sits inside Anthropic’s $35 billion AI deal

CoinDeskSeptember 1, 2026 · 12:35 PM2 min read
Hut 8's Texas power site sits inside Anthropic’s $35 billion AI deal

The company's Texas campus has two long-term leases worth $19.6 billion, more than 260 times its latest quarterly revenue, as AI companies race to secure power and data-center capacity.

Originally published on CoinDesk

The company's Texas campus has two long-term leases worth $19.6 billion, more than 260 times its latest quarterly revenue, as AI companies race to secure power and data-center capacity.

Read the full article on CoinDesk →

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