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Beacon Point AI data center operational timeline

Company: Hut 8 - Project: Beacon Point

Subject kind
facility timeline
Statement date
2026-05-06
Promised by
2027-12-31
Current status
stated

The claim, verbatim

The first phase of Beacon Point AI data center will be ready by late 2027, contingent on power supply becoming operational at the beginning of 2027.

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: “The company said the first part of the data center should be ready by late 2027, provided the power supply for the site kicks in at the beginning of the year.”

How we checked this

Checked on September 19, 2026. The cited source supports every part of this claim.

The document says the first part should be ready by late 2027 provided power kicks in at the beginning of the year.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://stocktwits.com/news-articles/markets/cryptocurrency/hut-stock-eyes-record-high-above-100-after-10-billion-deal/cZQzdHVReaw) in full (5,724 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms HUT Stock Eyes Record High Above $100 After $10 Billion Texas AI Data Center Deal - Stocktwits

Quote: “The company said the first part of the data center should be ready by late 2027, provided the power supply for the site kicks in at the beginning of the year.”

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