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Beacon Point initial-term contract value

Company: Hut 8 - Project: Beacon Point

Subject kind
customer
Statement date
2026-11-04
Promised amount
19600000000.0 USD
Current status
stated

The claim, verbatim

Hut 8 said in July that two leases brought the Beacon Point campus's initial-term contract value to $19.6 billion.

Source (primary)

Cipher, Hut 8 Plunge as Texas Election Raises Data Center Risks - TheEnergyMag (-, news_article)
View cached copy (2026-11-05)Live source ↗Archive.org ↗

Quote: “two leases covering 704 megawatts of IT capacity brought the campus’s initial-term contract value to $19.6 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 Cipher, Hut 8 Plunge as Texas Election Raises Data Center Risks - TheEnergyMag

Quote: “two leases covering 704 megawatts of IT capacity brought the campus’s initial-term contract value to $19.6 billion”

View cached copy (2026-11-05)Live source ↗Archive.org ↗