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TeraGo sells data centre real estate to crypto miner

Facilities across Toronto, Vancouver and Kelowna will also carry hundreds of customers into the new owner’s business group.

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

January 25, 2022 | 12:40 AM GMT

TeraGo sells data centre real estate to crypto miner

Jaime Leverton, Chief Executive Officer of Hut 8. Source: Hut 8

Crypto mining business Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT) has entered into a definitive agreement to purchase the cloud and colocation data centre business from TeraGo Inc (TSX: TGO).

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João Marques Lima

Founder and Editor, The Tech Capital

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