Hut 8 Wins $140M Bid for Texas Data Centers from Poolin

Key Facts

1Hut 8 has been designated the winning bidder for two West Texas campuses formerly used by Poolin.

2The winning bid submitted by Hut 8 for the data center assets is valued at $140 million.

Hut 8 Corp. has been named the winning bidder in a bankruptcy court process to acquire two data center campuses in West Texas for $140 million. Crowdfund Insider reported that the assets were formerly used by Poolin, and the acquisition is intended to expand Hut 8's infrastructure footprint for Bitcoin mining and data operations.

The acquisition marks a significant expansion of Hut 8's operational capacity. Regarding market performance, HUT stock closed at $96.82 on September 25, 2026, after trading between a session low of $95.64 and a high of $102.31 on that date.