Beacon Point 15-year lease for 352 megawatts
Company: Hut 8 - Project: Beacon Point
The claim, verbatim
Hut 8 signed a 15-year lease worth $9.8 billion for 352 megawatts of capacity at Beacon Point
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: “The company signed a second 15-year lease worth $9.8 billion for 352 megawatts of capacity”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The article states Hut 8 signed a second 15-year lease worth $9.8 billion for 352 megawatts at its Beacon Point campus.
Confirmed in the source:
- Hut 8 signed a 15-year lease at Beacon Point
- The lease is worth $9.8 billion
- The lease covers 352 megawatts of capacity
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: “The company signed a second 15-year lease worth $9.8 billion for 352 megawatts of capacity”