Data center in Nueces County, Texas
Company: Hut 8 - Project: Beacon Point
The claim, verbatim
Hut 8 will develop a data center in Nueces County, Texas for an Anthropic-Nvidia cloud-computing partnership, having signed an agreement with Nvidia to secure capacity.
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 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 reports all three points, citing a Wall Street Journal report that relied on people familiar with the matter. It presents them as reported, not as a Hut 8 announcement.
Confirmed in the source:
- Hut 8 will develop a data center in Nueces County, Texas
- The data center is tied to a cloud-computing deal between Anthropic and Nvidia
- Hut 8 signed an agreement with Nvidia to secure the capacity
What we did: Read our cached copy of the publisher (https://stocktwits.com/news-articles/markets/equity/why-is-hut-stock-rising-nearly-5-in-overnight-trading/cZsocQzRJt5) in full (5,828 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? - stocktwits.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.”