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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
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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