Hut 8 to Acquire Poolin's Texas Data Centers for $140 Million

VERA Brief

AI-generated. Grounded in the article and its cited sources.

Hut 8 has acquired two data center facilities in Texas from Poolin for $140 million. This acquisition is intended to enhance Hut 8's AI infrastructure capabilities and expand its operational network.

Key facts

• Hut 8 submitted a winning bid for two data center facilities in Texas.
• The data center facilities were previously owned by Poolin.
• The acquisition is valued at $140 million.
• The acquisition is expected to bolster Hut 8's AI infrastructure capabilities.
• The transaction is subject to customary closing conditions.