Beacon Point AI data center - 352 MW capacity
Company: Hut 8 - Project: Beacon Point
The claim, verbatim
Hut 8 will provide 352 megawatts of IT capacity at Beacon Point AI data center in Nueces County, Texas under a 15-year lease valued at $9.8 billion, projected to generate $655 million in annual revenue once fully operational.
Source (primary)
HUT Stock Eyes Record High Above $100 After $10 Billion Texas AI Data Center Deal - Stocktwits (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “Hut 8 also announced a 15-year, $9.8 billion lease for 352 megawatts (MW) of IT capacity at its Beacon Point AI data center campus in Nueces County, Texas... bringing in an estimated $655 million once everything is fully operational”
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Additional evidence
confirms HUT Stock Eyes Record High Above $100 After $10 Billion Texas AI Data Center Deal - Stocktwits
Quote: “Hut 8 also announced a 15-year, $9.8 billion lease for 352 megawatts (MW) of IT capacity at its Beacon Point AI data center campus in Nueces County, Texas... bringing in an estimated $655 million once everything is fully operational”