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Nueces County, Texas data center development

Company: Hut 8 - Project: Beacon Point

Subject kind
facility timeline
Statement date
2026-08-31
Current status
stated

The claim, verbatim

Hut 8 will develop a data center in Nueces County, Texas and has signed an agreement with Nvidia to secure capacity

Source (primary)

Why Is HUT Stock Rising Nearly 5% In Overnight Trading? - es.tradingview.com (-, news_article)
View cached copy (2026-09-01)Live source ↗

Quote: “Hut will develop the data center in Nueces County, Texas and has already signed an agreement with Nvidia a few weeks ago to secure the capacity, the report said.”

How we checked this

Checked on September 17, 2026. The cited source supports every part of this claim.

The article states both points, attributing them to a Wall Street Journal report citing people familiar with the matter.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://es.tradingview.com/news/stocktwits:071d68eef094b:0-why-is-hut-stock-rising-nearly-5-in-overnight-trading/) in full (6,205 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Why Is HUT Stock Rising Nearly 5% In Overnight Trading? - es.tradingview.com

Quote: “Hut will develop the data center in Nueces County, Texas and has already signed an agreement with Nvidia a few weeks ago to secure the capacity, the report said.”

View cached copy (2026-09-01)Live source ↗