700 MW Texas data center campus
Company: Hut 8 - Project: Beacon Point
The claim, verbatim
Hut 8 announced that a high-investment-grade company signed 15-year leases for its entire 700-megawatt Texas data center campus, with a $20 billion facility designed to support Nvidia chips.
Source (primary)
Why Is HUT Stock Rising Nearly 5% In Overnight Trading? - stocktwits.com (-, news_article)
View cached copy (2026-09-01)Live source ↗
Quote: “Hut 8 said that a 'high-investment-grade company' had signed 15-year leases for its entire 700-megawatt Texas campus... The company said that the $20 billion facility would be designed to support Nvidia chips.”
How we checked this
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Additional evidence
confirms Why Is HUT Stock Rising Nearly 5% In Overnight Trading? - stocktwits.com
Quote: “Hut 8 said that a 'high-investment-grade company' had signed 15-year leases for its entire 700-megawatt Texas campus... The company said that the $20 billion facility would be designed to support Nvidia chips.”