Weekly Recap: $1.07B credit for AI centers and Q2 results, UBS note
Hut 8 Corp. (NASDAQ:HUT) secured a $1.07B four—year credit facility to fund AI data centers, topped bids with a $140M offer for Poolin’s Texas sites awaiting Sept. 29 court approval, and despite a Q2 net loss, UBS initiated coverage with buy ratings and targets up to $175 amid strong leasing and ca…