$4.25 billion senior secured notes for Phase 1 construction
Company: Hut 8
The claim, verbatim
Hut 8 has secured $4.25 billion in senior secured notes for Phase 1 construction at Beacon Point, with a 6.129% interest rate, due in 2042, and non-recourse to its parent company
Source (primary)
$35bn Anthropic Deal Ties Nvidia to Hut 8’s 1GW Beacon Point Data Center in Texas - Construction Review (-, news_article)
View cached copy (2026-09-04)Live source ↗
Quote: “Hut 8 has invested $4.25 billion in senior secured notes for the first phase of construction at Beacon Point. The debt has an interest rate of 6.129% and will be paid off in 2042. Further, financing is secured by project assets and is non-recourse to Hut 8's parent company”
How we checked this
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Additional evidence
confirms $35bn Anthropic Deal Ties Nvidia to Hut 8’s 1GW Beacon Point Data Center in Texas - Construction Review
Quote: “Hut 8 has invested $4.25 billion in senior secured notes for the first phase of construction at Beacon Point. The debt has an interest rate of 6.129% and will be paid off in 2042. Further, financing is secured by project assets and is non-recourse to Hut 8's parent company”