News
Hut 8 Acquires Bankrupt Poolin's Data Centers for $140 Million
Hut 8 secures Poolin's data centers for $140 million, enhancing its focus on AI and HPC.
Mercation Admin
September 24, 2026 1 min read
Hut 8 has emerged victorious in the auction for two data centers previously owned by the bankrupt mining pool Poolin, placing a winning bid of $140 million. This figure is significantly higher than Poolin's initial asking price of $52 million and is currently awaiting approval from the bankruptcy court.
The acquisition will bolster Hut 8's infrastructure as it transitions from Bitcoin mining to focusing on artificial intelligence and high-performance computing. Poolin, which filed for bankruptcy in July, had reported liabilities nearing $173 million.



