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

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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.

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

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

Source：Cointelegraph

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Source：https://cointelegraph.com/news/riots-28b-ai-deal-lifts-shares-as-hut-8-faces-transition-costs