Hut 8 Mining Corp has announced a significant leap in its AI capabilities, securing a $9.8 billion, 15-year AI lease with Beacon Point, enhancing its combined campus capacity to $16.8 billion. The company reported a Q1 revenue of $71 million, marking a 226% increase, with a compute gross margin of 64%. Additionally, Hut 8 completed a $3.25 billion financing for its River Bend project, releasing 3,300 BTC collateral, and saw its stock rise 30% pre-market. In contrast, Core Scientific reported a Q1 revenue of $115.2 million, a 45% increase, but failed to secure new contracts. Despite a significant 800% increase in托管 revenue to $77.5 million, the company's EPS fell short of expectations due to construction costs, resulting in a stock decline of 9%.