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704 MW AI data center capacity lease at Beacon Point

Company: Hut 8 - Project: Beacon Point

Subject kind
facility capacity
Statement date
2026-09-02
Promised amount
19600000000.0 USD
Current status
stated

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

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

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”

View cached copy (2026-09-03)Live source ↗Archive.org ↗