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Benchmark sees ‘long pathway for growth’ in Hut 8, raises target to $165 on $16.8 billion AI data center deals

Benchmark sees ‘long pathway for growth’ in Hut 8, raises target to $165 on $16.8 billion AI data center deals

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Benchmark nearly doubled its target from $85, citing two 15-year take-or-pay leases covering 597 MW at River Bend, Louisiana and Beacon Point, Texas, worth up to $42.8 billion with renewals.

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