Published Jul 20, 2026, 9:39 AM ET · Updated 4 months ago · 1 source
THE BLOCK: Hut 8 and IREN each unveil billion-dollar AI infrastructure deals as the miner-to-AI pivot accelerates. $HUT signs a second $9.8 billion lease to fully commercialize its 1 GW Texas campus at $19.6 billion. $IREN adds $2.8 billion in contracts and lifts its 2026 revenue target above $4 billion.
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Original Report
THE BLOCK: Hut 8 and IREN each unveil billion-dollar AI infrastructure deals as the miner-to-AI pivot accelerates. $HUT signs a second $9.8 billion lease to fully commercialize its 1 GW Texas campus at $19.6 billion. $IREN adds $2.8 billion in contracts and lifts its 2026 revenue target above $4 billion.