Beacon Point second phase 352 MW lease agreement
Company: Hut 8
The claim, verbatim
Hut 8 signed a second 15-year, $9.8 billion lease for 352 MW of IT capacity at Beacon Point, bringing total contracted capacity to 704 MW of the 1 GW campus
Source (primary)
Hut 8 Stock Draws Wall Street Heat As Nvidia Deal Locks In $50B AI Leases - timothysykes.com (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “signing a second 15‑year, $9.8B lease for 352 MW of IT capacity”
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 8 Stock Draws Wall Street Heat As Nvidia Deal Locks In $50B AI Leases - timothysykes.com
Quote: “signing a second 15‑year, $9.8B lease for 352 MW of IT capacity”