Hut 8 Wins $140M Bid For Poolin’s Texas Data Centers
TL;DRHut 8 has been named the winning bidder for two Poolin data-center sites in Texas with a $140 million offer.
The bid is nearly three times the combined $52 million stalking-horse offer that opened the auction process.
The transaction is not final: bankruptcy-court approval is still required at a hearing scheduled for September 29.Hut 8 has emerged as the winning bidder for two Texas data-center sites owned by bankrupt mining company Poolin, putting $140 million on the table for infrastructu
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