Beacon Point Phase 2 lease capacity commitment
Company: Hut 8 - Project: Beacon Point
The claim, verbatim
Beacon Point Phase 2 lease represents 352 megawatts of IT capacity
Source (primary)
Hut 8 (HUT) Q2 2026 Earnings Call Transcript - AOL.com (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “Beacon Point Phase 2 Lease -- 352 megawatts of IT capacity, representing approximately $9.8 billion in expected base-term contract value”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document states the second Beacon Point lease is for 352 megawatts of IT capacity.
Confirmed in the source:
- The Beacon Point Phase 2 lease represents 352 megawatts of IT capacity
What we did: Read our cached copy of the publisher (https://www.aol.com/articles/hut-8-hut-q2-2026-171448000.html) in full (83,559 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Hut 8 (HUT) Q2 2026 Earnings Call Transcript - AOL.com
Quote: “Beacon Point Phase 2 Lease -- 352 megawatts of IT capacity, representing approximately $9.8 billion in expected base-term contract value”