Beacon Point capacity lease valuation
Company: Hut 8 - Project: Beacon Point
The claim, verbatim
704 MW of capacity at Beacon Point is valued at $19.6 billion over 15 years
Source (primary)
Hut 8 transforms Bitcoin mining power into $19.... - Pluang (-, news_article)
View cached copy (2026-09-03)Live source ↗Archive.org ↗
Quote: “It has leased 704 MW of capacity valued at $19.6 billion over 15 years”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The article states that the 704 MW leased at Beacon Point is valued at $19.6 billion over 15 years.
Confirmed in the source:
- 704 MW of capacity at Beacon Point was leased
- The lease is valued at $19.6 billion
- The lease term is 15 years
What we did: Read our cached copy of the publisher (https://pluang.com/en/news-feed/hut-8-nvidia-35-miliar-kontrak-ai-dan-peralihan-penambang-bitcoin) in full (6,590 characters, retrieved September 3, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Hut 8 transforms Bitcoin mining power into $19.... - Pluang
Quote: “It has leased 704 MW of capacity valued at $19.6 billion over 15 years”