The Block
The Block|Sep 23, 2026 17:24
THE BLOCK: Hut 8 HUT emerged as the winning bidder for Poolin’s two Texas data center sites with a $140 million offer, nearly tripling the original $52 million combined floor bid. The former mining-pool giant filed for bankruptcy in July with around $173 million in debt, including nearly $164 million owed to wallet users.
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