Hut 8 is trading 4.2% up now at $82.92 as investors reassess its transformation from Bitcoin miner to AI-infrastructure landlord, with renewed attention to reported Nvidia-linked Texas leases serving as the main catalyst.
- Reported leases include $19.6 billion in base-term contract value and potential renewal value of $50.2 billion.
- Bitcoin is up only 0.74% since the August 24 close, so crypto strength appears supportive but insufficient to explain the full move.