First lease capacity
Company: Hut 8
The claim, verbatim
First 15-year lease covers 352 megawatts of computing capacity
Source (primary)
Hut 8 Files $399 Million Building Project at Beacon Point AI Campus - TheEnergyMag (-, news_article)
View cached copy (2026-09-19)Live source ↗
Quote: “a 15-year agreement covering 352 megawatts of computing capacity”
How we checked this
Checked on September 24, 2026. The cited source supports every part of this claim.
The article describes the first lease, announced May 6, as a 15-year agreement covering 352 megawatts.
Confirmed in the source:
- The first Beacon Point lease is a 15-year agreement
- The first lease covers 352 megawatts of computing capacity
What we did: Read our cached copy of the publisher (https://theenergymag.com/news/2026-09-15/hut-beacon-point-ai-construction-texas) in full (4,293 characters, retrieved September 19, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Hut 8 Files $399 Million Building Project at Beacon Point AI Campus - TheEnergyMag
Quote: “a 15-year agreement covering 352 megawatts of computing capacity”