Cointelegraph November 04, 2026

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

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.

Source: Cointelegraph
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