jain.com

Beacon Point second lease for 352 MW

Company: Hut 8

Subject kind
partnership
Statement date
2026-08-20
Promised amount
9800000000.0 USD
Current status
stated

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

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

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.”

View cached copy (2026-08-31)Live source ↗