Beacon Point IT capacity leases
Company: Hut 8 - Project: Beacon Point
The claim, verbatim
Hut 8 has two 15-year leases at Beacon Point covering 704 megawatts of IT capacity
Source (primary)
Why Hut 8 Is Suddenly at Center of AI Boom - Blockonomi (-, news_article)
View cached copy (2026-09-03)Live source ↗Archive.org ↗
Quote: “Hut 8 previously disclosed two 15-year leases at Beacon Point covering 704 megawatts of IT capacity.”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The article states that Hut 8 previously disclosed two 15-year leases at Beacon Point covering 704 megawatts of IT capacity.
Confirmed in the source:
- Hut 8 has two leases at its Beacon Point campus
- The leases have 15-year terms
- The leases cover 704 megawatts of IT capacity
What we did: Read our cached copy of the publisher (https://blockonomi.com/why-hut-8-is-suddenly-at-center-of-ai-boom/) in full (5,858 characters, retrieved September 3, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Why Hut 8 Is Suddenly at Center of AI Boom - Blockonomi
Quote: “Hut 8 previously disclosed two 15-year leases at Beacon Point covering 704 megawatts of IT capacity.”