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

CoinTelegraph · Wed, 04 Nov 2026 18:47:56 GMT

Hype 12/100 · Market impact 30/100 · Breaking 63/100

Tags: BTC

Riot, a Bitcoin miner, sold BTC to fund its artificial-intelligence expansion, while Hut 8 reported lower revenue and higher costs ahead of income from its major data-center leases.

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