Beacon Point second lease for 352 MW
Company: Hut 8 - Project: Beacon Point
The claim, verbatim
Signed 15-year lease for 352 MW of IT capacity at Beacon Point AI campus for $9.8 billion with investment-grade tenant
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: “The company just fully commercialized that campus too, signing a second 15‑year, $9.8B lease for 352 MW of IT capacity with the same investment‑grade tenant.”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document explicitly describes a second 15-year, $9.8B lease for 352 MW of IT capacity with an investment-grade tenant, covering all assertions.
Confirmed in the source:
- Hut 8 signed a second 15-year lease at Beacon Point
- The lease covers 352 MW of IT capacity
- The lease is valued at $9.8 billion
- The tenant is investment-grade
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: “The company just fully commercialized that campus too, signing a second 15‑year, $9.8B lease for 352 MW of IT capacity with the same investment‑grade tenant.”