Beacon Point Nueces County facility lease
Company: Hut 8 - Project: Beacon Point
The claim, verbatim
15-year data center facility lease in Nueces County, Texas to be leased by Nvidia
Source (primary)
Why Hut 8 (HUT) Is Up 19.0% After Pivoting Bitcoin Mining Power Into AI Data Centers - simplywall.st (-, news_article)
View cached copy (2026-09-10)Live source ↗
Quote: “The Beacon Point expansion in Nueces County, Texas, is the clearest example of this shift, with a 15 year, US$9.8 billion base-term lease tied to Nvidia and Anthropic”
How we checked this
Checked on September 20, 2026. The cited source supports every part of this claim.
The document states the Nueces County facility is to be leased by Nvidia under a 15-year base-term lease.
Confirmed in the source:
- The Beacon Point/Nueces County, Texas facility is subject to a 15-year lease
- The Nueces County facility is to be leased by Nvidia
What we did: Read our cached copy of the publisher (https://simplywall.st/stocks/us/software/nasdaq-hut/hut-8/news/why-hut-8-hut-is-up-190-after-pivoting-bitcoin-mining-power) in full (11,825 characters, retrieved September 10, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Why Hut 8 (HUT) Is Up 19.0% After Pivoting Bitcoin Mining Power Into AI Data Centers - simplywall.st
Quote: “The Beacon Point expansion in Nueces County, Texas, is the clearest example of this shift, with a 15 year, US$9.8 billion base-term lease tied to Nvidia and Anthropic”