Beacon Point Phase 2 capacity commercialization
Company: Hut 8 - Project: Beacon Point
The claim, verbatim
Commercialized the second phase of Beacon Point data center campus in Texas through a 15-year, $9.8 billion lease covering 352 megawatts of IT capacity
Source (primary)
ORCL, BE, HUT, Or IREN: Retail Investors Are Split Between Two Data Center Stocks Despite Diverging Returns - Stocktwits (-, news_article)
View cached copy (2026-09-13)Live source ↗
Quote: “Hut 8 also strengthened its AI infrastructure business by commercializing the second phase of its Beacon Point data center campus in Texas through a 15-year, $9.8 billion lease covering 352 megawatts of IT capacity.”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
The document confirms all details of the Beacon Point Phase 2 lease.
Confirmed in the source:
- Hut 8 commercialized the second phase of its Beacon Point data center campus in Texas
- the deal was a 15-year, $9.8 billion lease
- the lease covers 352 megawatts of IT capacity
What we did: Read our cached copy of the publisher (https://stocktwits.com/news-articles/markets/equity/orcl-be-hut-or-iren-retail-investors-are-split-between-two-data-center-stocks-despite-diverging-returns/cZZS7IjR7vR) in full (6,076 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms ORCL, BE, HUT, Or IREN: Retail Investors Are Split Between Two Data Center Stocks Despite Diverging Returns - Stocktwits
Quote: “Hut 8 also strengthened its AI infrastructure business by commercializing the second phase of its Beacon Point data center campus in Texas through a 15-year, $9.8 billion lease covering 352 megawatts of IT capacity.”