704 MW AI data center capacity lease at Beacon Point
Company: Hut 8 - Project: Beacon Point
The claim, verbatim
Hut 8 has leased 704 MW of capacity at its Texas-based Beacon Point facility 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 describes Hut 8's Texas-based Beacon Point infrastructure and a 704 MW lease valued at $19.6 billion over 15 years.
Confirmed in the source:
- Hut 8 leased 704 MW of capacity
- The Beacon Point facility is in Texas
- 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”