The agreement highlights growing demand for large-scale data infrastructure across crypto and cloud computing.
Bitcoin mining company Hut 8 has entered a partnership with Google tied to a $7 billion data center lease, according to statements from the companies, underscoring the convergence of crypto mining and hyperscale data operations.
Hut 8, a major Bitcoin mining company, has partnered with Google to support a data center lease valued at approximately $7 billion, according to people familiar with the agreement. The deal reflects the expanding infrastructure needs of both cryptocurrency mining and cloud computing operations.
The partnership centers on large-scale data center capacity, which can be used for high-performance computing, artificial intelligence workloads, and energy-intensive processes such as Bitcoin mining. Officials have not publicly disclosed all technical or geographic details of the facilities involved.
Industry analysts say the agreement highlights how Bitcoin mining firms are increasingly positioning themselves as broader digital infrastructure providers, rather than purely crypto-focused operators. Hut 8 has previously indicated interest in diversifying beyond mining.
Google, through its cloud and infrastructure operations, continues to expand its global data center footprint as demand for AI, cloud services, and data storage accelerates. Partnerships with specialized infrastructure firms can help meet those growing needs.
Financial terms beyond the headline lease value have not been fully detailed. Experts note that long-term data center leases often span decades and involve complex arrangements related to power, cooling, and network access.
Both companies emphasized that the partnership aligns with long-term strategies focused on scalable computing and infrastructure growth. Additional details may be released as the project progresses.
