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Beacon Point phase 1 debt issuance

Company: Hut 8 - Project: Beacon Point

Subject kind
financing
Statement date
2026-08-14
Promised by
2030-05-01
Promised amount
4250000000.0 USD
Current status
stated

The claim, verbatim

First 352 MW phase financed with $4.25 billion non-recourse senior secured notes at 6.129% coupon maturing 2042, with amortization beginning May 2030

Source (primary)

Hut 8 says Beacon Point may be among 23 Texas projects cleared for review: Needham - Yahoo Finance (-, news_article)
View cached copy (2026-08-31)Live source ↗

Quote: “Hut 8 financed the first 352 MW phase with $4.25 billion of non-recourse senior secured notes carrying a 6.129% coupon and maturing in 2042. The notes begin amortizing in May 2030”

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 says Beacon Point may be among 23 Texas projects cleared for review: Needham - Yahoo Finance

Quote: “Hut 8 financed the first 352 MW phase with $4.25 billion of non-recourse senior secured notes carrying a 6.129% coupon and maturing in 2042. The notes begin amortizing in May 2030”

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