Hyperscaler contracted capacity expanded to 704 MW
Company: Hut 8 - Project: Beacon Point
The claim, verbatim
Doubled existing high-investment-grade tenant's contracted capacity to 704 MW
Source (primary)
HUT Stock On Track For Best Week In Over 2 Months: CEO Says 'Power’ Is AI’s Most Valuable Resource - Stocktwits (-, news_article)
View cached copy (2026-09-20)Live source ↗
Quote: “doubling the existing high-investment-grade tenant's contracted capacity to 704 MW”
How we checked this
Checked on September 24, 2026. The cited source supports every part of this claim.
The article states the new lease doubled the existing high-investment-grade tenant's contracted capacity to 704 MW.
Confirmed in the source:
- The new lease went to an existing tenant rated high investment grade
- The lease doubled that tenant's contracted capacity
- The tenant's contracted capacity is now 704 MW
What we did: Read our cached copy of the publisher (https://stocktwits.com/news-articles/markets/equity/hut-stock-on-track-for-best-week-in-over-2-months-ceo-says-power-is-ai-s-most-valuable-resource/cZZmIHXR7wh) in full (5,129 characters, retrieved September 20, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms HUT Stock On Track For Best Week In Over 2 Months: CEO Says 'Power’ Is AI’s Most Valuable Resource - Stocktwits
Quote: “doubling the existing high-investment-grade tenant's contracted capacity to 704 MW”