Beacon Point leases: 704 MW, $19.6B contract value
Company: Hut 8
The claim, verbatim
Hut 8 said in July that two leases covering 704 MW of IT capacity 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: “The company said in July that 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: “The company said in July that two leases covering 704 megawatts of IT capacity brought the campus's initial-term contract value to $19.6 billion.”
