15-year lease for 352 MW data center capacity
Company: Hut 8 - Project: Beacon Point
The claim, verbatim
Entered into 15-year lease agreement valued at $9.8 billion with a high-investment-grade tenant for 352 megawatts of IT capacity
Source (primary)
Why Is HUT Stock Sliding Over 2% Premarket Today? - Stocktwits (-, news_article)
View cached copy (2026-08-31)Live source ↗Archive.org ↗
Quote: “it had entered into a 15-year, $9.8 billion lease agreement for 352 megawatts (MW) of IT capacity with a high-investment-grade company”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The article reports that about a month earlier Hut 8 signed a 15-year, $9.8 billion lease for 352 MW of IT capacity with a high-investment-grade company.
Confirmed in the source:
- Hut 8 entered into a 15-year lease agreement
- The lease is valued at $9.8 billion
- The lease covers 352 megawatts of IT capacity
- The counterparty is a high-investment-grade company
What we did: Read our cached copy of the publisher (https://stocktwits.com/news-articles/markets/equity/why-is-hut-stock-sliding-premarket-today/cZ0FXB6Rezw) in full (4,683 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Why Is HUT Stock Sliding Over 2% Premarket Today? - Stocktwits
Quote: “it had entered into a 15-year, $9.8 billion lease agreement for 352 megawatts (MW) of IT capacity with a high-investment-grade company”