Beacon Point second lease contract
Company: Hut 8
The claim, verbatim
Hut 8 signed a second 15-year lease for 352 MW of IT capacity at Beacon Point worth $9.8B, bringing total contracted capacity to 704 MW
Source (primary)
Hut 8 Stock Draws Wall Street As Nvidia AI Deal Lands - timothysykes.com (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “Hut 8 has fully commercialized its 1 GW Beacon Point AI campus with a second 15‑year, $9.8B lease, bringing contracted capacity there to 704 MW.”
How we checked this
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Additional evidence
confirms Hut 8 Stock Draws Wall Street As Nvidia AI Deal Lands - timothysykes.com
Quote: “Hut 8 has fully commercialized its 1 GW Beacon Point AI campus with a second 15‑year, $9.8B lease, bringing contracted capacity there to 704 MW.”