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Beacon Point Phase 2 lease signed

Company: Hut 8

Subject kind
customer
Statement date
2026-11-04
Promised amount
352.0 MW
Current status
stated

The claim, verbatim

Hut 8 signed a second 352 MW IT lease with the Beacon Point Phase 1 tenant, bringing expected aggregate base-term contract value across its AI data center portfolio to approximately $26.6 billion.

Source (primary)

Hut 8 Reports Third Quarter 2026 Results (-, news_article)
View cached copy (2026-11-04)Live source ↗Archive.org ↗

Quote: “signing a second 352 MW IT lease with the Phase 1 tenant (the "Phase 2 lease") bringing expected aggregate base-term contract value across the Company's AI data center portfolio to approximately $26.6 billion”

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 Reports Third Quarter 2026 Results

Quote: “signing a second 352 MW IT lease with the Phase 1 tenant (the "Phase 2 lease") bringing expected aggregate base-term contract value across the Company's AI data center portfolio to approximately $26.6 billion”

View cached copy (2026-11-04)Live source ↗Archive.org ↗