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bitcoin

Riot shares surge on $28B AI lease as Hut 8 sinks on revenue miss

CoinTelegraphNovember 4, 2026 · 7:34 PM2 min read
Riot shares surge on $28B AI lease as Hut 8 sinks on revenue miss

Bitcoin miner Riot sold BTC to finance its AI expansion, while Hut 8 reported falling revenue and rising costs before its major data center leases generate income.

Originally published on CoinTelegraph

Bitcoin miner Riot sold BTC to finance its AI expansion, while Hut 8 reported falling revenue and rising costs before its major data center leases generate income.

Read the full article on CoinTelegraph →

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