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Beacon Point tenant signs second 352 MW lease

Company: Hut 8

Subject kind
customer
Statement date
2026-10-19
Promised amount
352.0 MW
Current status
stated

The claim, verbatim

At Beacon Point, the first tenant returned for a second 352-megawatt lease, filling the campus's full gigawatt of utility capacity.

Source (primary)

Hut 8 (HUT) Has $26.6B in Leases, but Where Is the Revenue? - Yahoo Finance (-, news_article)
View cached copy (2026-10-20)Live source ↗

Quote: “At Beacon Point, the first tenant returned within months for a second 352-megawatt lease, filling the campus's full gigawatt of utility capacity.”

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 Hut 8 (HUT) Has $26.6B in Leases, but Where Is the Revenue? - Yahoo Finance

Quote: “At Beacon Point, the first tenant returned within months for a second 352-megawatt lease, filling the campus's full gigawatt of utility capacity.”

View cached copy (2026-10-20)Live source ↗