Nvidia lease for 1-GW Texas data center
Company: Hut 8 - Project: Beacon Point
The claim, verbatim
Signed long-term leases with Nvidia covering entire 1-gigawatt Texas data center with base and renewal options totaling up to $50 billion over 30 years
Source (primary)
HUT Stock Draws Wall Street Upgrades On Massive Nvidia AI Deals - StocksToTrade (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “Multiple reports say HUT has signed long-term leases with Nvidia for the entire 1-gigawatt Texas data center, with base and renewal options that may reach 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 states multiple reports say HUT signed long-term Nvidia leases covering the entire 1-GW Texas data center with base and renewal options up to $50B over 30 years, matching every assertion.
Confirmed in the source:
- Hut 8 reportedly signed long-term leases with Nvidia for the entire 1-gigawatt Texas data center
- Base and renewal options may reach up to $50 billion over 30 years
What we did: Read our cached copy of the publisher (https://stockstotrade.com/news/hut-8-corp-hut-news-2026_08_20/) in full (13,098 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms HUT Stock Draws Wall Street Upgrades On Massive Nvidia AI Deals - StocksToTrade
Quote: “Multiple reports say HUT has signed long-term leases with Nvidia for the entire 1-gigawatt Texas data center, with base and renewal options that may reach up to $50B over 30 years.”