Hut 8 wins bankrupt Poolin's Texas sites with $140M bid

Hut 8 Corp. (HUT) won the auction for two Texas sites owned by bankrupt crypto miner Poolin, bidding $140 million, nearly triple the opening $52 million offer. The land carries the power and grid rights Hut 8 needs to keep shifting from Bitcoin mining into AI data centers. A New Jersey court hears the sale September 29.