Beacon Point phase two lease in Texas
Company: Hut 8 - Project: Beacon Point
The claim, verbatim
Signed a 15-year lease for approximately $9.8B for phase two of Beacon Point AI data center campus in Texas
Source (primary)
HUT Stock Rallies As AI Data Center Bets Escalate - timothysykes.com (-, news_article)
View cached copy (2026-09-12)Live source ↗
Quote: “The company signed a 15‑year, about $9.8B lease for phase two of this AI data‑center campus”
How we checked this
Checked on September 20, 2026. The cited source supports every part of this claim.
The document describes the 15-year, roughly $9.8B phase two lease and identifies the Beacon Point campus as being in Texas.
Confirmed in the source:
- Hut 8 signed a 15-year lease for approximately $9.8B for phase two of its Beacon Point AI data center campus in Texas
What we did: Read our cached copy of the publisher (https://www.timothysykes.com/news/hut-8-corp-hut-news-2026_09_11/) in full (15,633 characters, retrieved September 12, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms HUT Stock Rallies As AI Data Center Bets Escalate - timothysykes.com
Quote: “The company signed a 15‑year, about $9.8B lease for phase two of this AI data‑center campus”