Beacon Point Phase 2 base-term contract value
Company: Hut 8 - Project: Beacon Point
The claim, verbatim
Beacon Point Phase 2 lease represents approximately $9.8 billion in expected base-term contract value on triple-net, take-or-pay basis.
Source (primary)
hut-8 8-K exhibit (tm2621890d1_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-02)Live source ↗
Quote: “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 352 MW lease represents approximately $9.8 billion in expected base-term contract value on a triple-net, take-or-pay basis.
Confirmed in the source:
- The second Beacon Point (Phase 2) lease represents approximately $9.8 billion in expected base-term contract value
- The lease is on a triple-net, take-or-pay basis
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1964789/000110465926090041/tm2621890d1_ex99-1.htm) in full (23,702 characters, retrieved September 2, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms hut-8 8-K exhibit (tm2621890d1_ex99-1.htm)
Quote: “approximately $9.8 billion in expected base-term contract value”