{"id":551127,"date":"2026-07-20T20:39:08","date_gmt":"2026-07-20T20:39:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/551127\/"},"modified":"2026-07-20T20:39:08","modified_gmt":"2026-07-20T20:39:08","slug":"hut-8-iren-land-billions-in-new-contracts-lifting-ai-compute-stocks-mara-riot-wulf","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/551127\/","title":{"rendered":"Hut 8, IREN land billions in new contracts, lifting AI compute stocks MARA, RIOT, WULF"},"content":{"rendered":"<p>Shares of bitcoin miners turned AI infrastructure providers surged Monday after Hut 8 (HUT) and IREN (IREN) announced billions of dollars in new contracts, easing concerns that demand for AI computing capacity may be slowing.<\/p>\n<p>Hut 8 rose as much as 17% after <a href=\"https:\/\/www.hut8.com\/news-insights\/press-releases\/hut-8-fully-commercializes-1-gw-beacon-point-ai-data-center-campus-with-second-352-mw-it-lease\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">signing<\/a> a 15-year, $9.8 billion lease for the second phase of its Beacon Point AI data center campus in Texas. The agreement, with the same investment-grade customer that leased the first phase, doubles the tenant&#8217;s footprint to 704 megawatts (MW) and fully commercializes the site&#8217;s 1 gigawatt of power capacity.<\/p>\n<p>IREN <a href=\"https:\/\/www.globenewswire.com\/news-release\/2026\/07\/20\/3329624\/0\/en\/iren-signs-2-8bn-in-new-customer-contracts-with-leading-ai-developers-raises-2026-arr-target-to-over-4bn.html\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">gained<\/a> as much as 19% after announcing $2.8 billion in new multiyear cloud services contracts with AI developers. The company raised its year-end AI Cloud annualized run-rate revenue target to more than $4 billion, saying about 85% of that revenue is now under contract.<\/p>\n<p>The news spilled over to peers across the high-performance compute sector. Mining (CIFR) gained 11% and TeraWulf (WULF) added 6.4%. Bitcoin miners Riot Platforms (RIOT) and MARA Holdings (MARA) advanced 5% and 9%, respectively. The CoinShares Bitcoin Miners ETF (WGMI) rose 8.5%.<\/p>\n","protected":false},"excerpt":{"rendered":"Shares of bitcoin miners turned AI infrastructure providers surged Monday after Hut 8 (HUT) and IREN (IREN) announced&hellip;\n","protected":false},"author":2,"featured_media":551128,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[345,343,344,11049,85,46,125],"class_list":["post-551127","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-bitcoin-mining","tag-il","tag-israel","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/551127","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=551127"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/551127\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/551128"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=551127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=551127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=551127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}