Nvidia anchor tenant lease for 1-GW Texas data center
Company: Hut 8 - Project: Beacon Point
The claim, verbatim
Hut 8 secured long-term Nvidia leases for the entire 1-GW Texas data center with base and renewal options totaling up to $50B over 30 years
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: “The company has reportedly locked in long‑term Nvidia leases for the entire 1‑GW Texas data center, with options totaling up to $50B over 30 years.”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document reports Hut 8 locked in long-term Nvidia leases for the entire 1-GW Texas data center with base and renewal options totaling up to $50B over 30 years, matching every assertion.
Confirmed in the source:
- Hut 8 secured long-term Nvidia leases for the entire 1-GW Texas data center
- the leases include base and renewal options totaling up to $50B over 30 years
What we did: Read our cached copy of the publisher (https://www.timothysykes.com/news/hut-8-corp-hut-news-2026_08_20-2/) in full (16,264 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Hut 8 Stock Draws Wall Street As Nvidia AI Deal Lands - timothysykes.com
Quote: “The company has reportedly locked in long‑term Nvidia leases for the entire 1‑GW Texas data center, with options totaling up to $50B over 30 years.”