$19.6 billion combined lease value for 15 years
Company: Hut 8 - Project: Beacon Point
The claim, verbatim
The combined base-term value of the leases at Beacon Point is $19.6 billion for 15 years, with 3% annual rent increases
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: “The combined base-term value of the separate leases at Hut 8 is $19.6 billion for 15 years. The two leases have a combined base-term value of $19.6 billion, with annual rent increases of 3%”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The article gives the $19.6 billion combined base-term value over 15 years and the 3% annual rent increases.
Confirmed in the source:
- The combined base-term value of the Beacon Point leases is $19.6 billion
- The base term is 15 years
- Rent rises 3% annually
What we did: Read our cached copy of the publisher (https://constructionreviewonline.com/35bn-anthropic-deal-ties-nvidia-to-hut-8s-1gw-beacon-point-data-center-in-texas/) in full (10,668 characters, retrieved September 4, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms $35bn Anthropic Deal Ties Nvidia to Hut 8’s 1GW Beacon Point Data Center in Texas - Construction Review
Quote: “The combined base-term value of the separate leases at Hut 8 is $19.6 billion for 15 years. The two leases have a combined base-term value of $19.6 billion, with annual rent increases of 3%”