Beacon Point Phase 2 lease with high-investment-grade tenant
Company: Hut 8
The claim, verbatim
Hut 8 secured a 15-year, $9.8 billion lease for 352 MW of IT capacity at Beacon Point with a high-investment-grade tenant, doubling the tenant's contracted capacity to 704 MW
Source (primary)
AI Infrastructure Stock Hut 8 (TSX: HUT) Makes TSX Top Gainer List as Investors Continue Bet on Beacon Point Data Center - Investorideas.com (-, news_article)
View cached copy (2026-09-12)Live source ↗
Quote: “second 15-year, $9.8 billion lease (the "Agreement") for 352 megawatts (MW) of IT capacity. The tenant, the high-investment-grade company that executed the Phase 1 lease, has doubled its contracted IT capacity at the campus to 704 MW”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms AI Infrastructure Stock Hut 8 (TSX: HUT) Makes TSX Top Gainer List as Investors Continue Bet on Beacon Point Data Center - Investorideas.com
Quote: “second 15-year, $9.8 billion lease (the "Agreement") for 352 megawatts (MW) of IT capacity. The tenant, the high-investment-grade company that executed the Phase 1 lease, has doubled its contracted IT capacity at the campus to 704 MW”