Hut 8 Corp. (HUT) surged 11.57%, closing at $41.12, up $4.27 on the day, after the company announced a long-term AI data center lease agreement and a new AI infrastructure partnership.
The stock moved sharply higher following Hut 8's disclosure that it has signed a 15-year lease covering 245 megawatts of AI data center capacity at its River Bend campus. Separately, the company announced an AI infrastructure partnership aimed at developing and operating large-scale AI computing capacity, further accelerating its strategic pivot beyond pure bitcoin mining.
In the session, HUT opened near $37.10, reached an intraday high of $42.05, and touched a low of $36.85, compared with a previous close of $36.85.
Hut 8's 52-week range is approximately $7.68 to $42.05, with the stock trading near its yearly high after the news.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.