Nvidia lease for 1-gigawatt Texas data center facility
Company: Hut 8 - Project: Beacon Point
The claim, verbatim
Hut 8 has secured long-term data center leases with Nvidia covering its entire 1-gigawatt Texas facility, with base terms and renewal options that could total up to $50 billion over 30 years
Source (primary)
Hut 8 Stock Climbs After Securing Long-Term Nvidia AI Data Center Leases in Texas - TIKR.com (-, news_article)
View cached copy (2026-08-31)Live source ↗Archive.org ↗
Quote: “Reports say the deal covers Hut 8's entire 1-gigawatt Texas data center, with base terms and renewal options that could total up to $50 billion over 30 years.”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The article reports that Hut 8 locked in long-term leases with Nvidia covering its entire 1-gigawatt Texas data center, worth up to $50 billion over 30 years. The article attributes the facility coverage and dollar figure to unnamed reports rather than to company filings.
Confirmed in the source:
- Hut 8 has secured long-term data center leases with Nvidia
- The deal covers Hut 8's entire 1-gigawatt Texas data center
- Base terms and renewal options could total up to $50 billion over 30 years
What we did: Read our cached copy of the publisher (https://www.tikr.com/blog/hut-8-stock-climbs-nvidia-ai-data-center-leases-texas) in full (8,812 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Hut 8 Stock Climbs After Securing Long-Term Nvidia AI Data Center Leases in Texas - TIKR.com
Quote: “Reports say the deal covers Hut 8's entire 1-gigawatt Texas data center, with base terms and renewal options that could total up to $50 billion over 30 years.”