15-year lease agreement for 352 MW capacity
Company: Hut 8 - Project: Beacon Point
The claim, verbatim
Hut 8 signed a 15-year lease for 352 MW of data center capacity for $9.8 billion
Source (primary)
Hut 8 Stock Draws Bullish Wall Street Targets On Nvidia AI Deal - StocksToTrade (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “signing a second 15‑year, $9.8B lease for 352 MW”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document states Hut 8 signed a second 15-year, $9.8B lease for 352 MW, matching every part of the claim.
Confirmed in the source:
- Hut 8 signed a 15-year lease for data center capacity
- The lease covers 352 MW of capacity
- The lease is valued at $9.8 billion
What we did: Read our cached copy of the publisher (https://stockstotrade.com/news/hut-8-corp-hut-news-2026_08_20-2/) in full (12,917 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Hut 8 Stock Draws Bullish Wall Street Targets On Nvidia AI Deal - StocksToTrade
Quote: “signing a second 15‑year, $9.8B lease for 352 MW”