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Beacon Point Phase 2 contract value

Company: Hut 8 - Project: Beacon Point

Subject kind
customer
Statement date
2026-08-14
Promised amount
9.8 USD
Current status
stated

The claim, verbatim

Beacon Point Phase 2 lease represents approximately $9.8 billion in expected base-term contract value

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 and $655 million in average annual NOI”

How we checked this

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

The document states the lease represents about $9.8 billion of expected base-term contract value.

Confirmed in the source:

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 and $655 million in average annual NOI”

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