$4.25B senior secured notes for Beacon Point project
Company: Hut 8 - Project: Beacon Point
The claim, verbatim
Beacon Point DC LLC priced $4.25 billion of 6.129% senior secured notes due November 30, 2042, with interest payments beginning November 30, 2026 and amortization payments beginning May 30, 2030
Source (primary)
hut-8 8-K exhibit (tm2616926d1_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-06)Live source ↗
Quote: “Beacon Point DC LLC (the "Issuer"), has priced a $4.25 billion private offering (the "Offering") of 6.129% senior secured notes due 2042 (the "Notes"). The Notes will bear interest at a rate of 6.129% per annum payable semi-annually in cash in arrears on May 30 and November 30 of each year, beginning on November 30, 2026 and will mature on November 30, 2042. The Notes will be fully amortizing with amortization payments payable semi-annually beginning on May 30, 2030.”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document states all figures: the $4.25 billion 6.129% notes, the November 30, 2042 maturity, interest beginning November 30, 2026, and amortization beginning May 30, 2030.
Confirmed in the source:
- Beacon Point DC LLC priced $4.25 billion of 6.129% senior secured notes
- The notes mature November 30, 2042
- Interest payments begin November 30, 2026
- Amortization payments begin May 30, 2030
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1964789/000110465926070744/tm2616926d1_ex99-1.htm) in full (7,866 characters, retrieved September 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms hut-8 8-K exhibit (tm2616926d1_ex99-1.htm)
Quote: “Beacon Point DC LLC (the "Issuer"), has priced a $4.25 billion private offering (the "Offering") of 6.129% senior secured notes due 2042 (the "Notes"). The Notes will bear interest at a rate of 6.129% per annum payable semi-annually in cash in arrears on May 30 and November 30 of each year, beginning on November 30, 2026 and will mature on November 30, 2042. The Notes will be fully amortizing with amortization payments payable semi-annually beginning on May 30, 2030.”