Beacon Point Phase 2 lease with Phase 1 tenant
Company: Hut 8
The claim, verbatim
Hut 8 signed a second 352 MW IT lease with the Beacon Point Phase 1 tenant, representing about $9.8 billion in expected base-term contract value and about $655.0 million of expected average annual NOI on a triple-net, take-or-pay basis.
Source (primary)
Hut 8 Reports Third Quarter 2026 Results (-, news_article)
View cached copy (2026-11-04)Live source ↗Archive.org ↗
Quote: “execution of the Beacon Point Phase 2 lease, representing approximately $9.8 billion in expected base-term contract value and approximately $655.0 million of expected average annual NOI on a triple-net, take-or-pay basis”
How we checked this
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Additional evidence
confirms Hut 8 Reports Third Quarter 2026 Results
Quote: “execution of the Beacon Point Phase 2 lease, representing approximately $9.8 billion in expected base-term contract value and approximately $655.0 million of expected average annual NOI on a triple-net, take-or-pay basis”