Beacon Point 15-year AI capacity lease
Company: Hut 8 - Project: Beacon Point
The claim, verbatim
15-year, $9.8 billion lease covering 352 megawatts of AI factory capacity at Beacon Point campus in Nueces County, Texas
Source (primary)
Hut 8 Corp. (HUT)’s AI Pivot Gets a Major Boost From the $35 Billion Anthropic Deal - Yahoo Finance (-, news_article)
View cached copy (2026-09-07)Live source ↗Archive.org ↗
Quote: “Hut 8 has also inked a 15-year, $9.8 billion lease covering 352 megawatts of AI factory capacity at its Beacon Point campus in Nueces County, Texas.”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document describes a 15-year, $9.8 billion lease covering 352 megawatts of AI factory capacity at the Beacon Point campus in Nueces County, Texas.
Confirmed in the source:
- Hut 8 signed a 15-year lease valued at $9.8 billion
- The lease covers 352 megawatts of AI factory capacity
- The capacity is at Hut 8's Beacon Point campus in Nueces County, Texas
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/technology/ai/articles/hut-8-corp-hut-ai-083054752.html) in full (12,166 characters, retrieved September 7, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Hut 8 Corp. (HUT)’s AI Pivot Gets a Major Boost From the $35 Billion Anthropic Deal - Yahoo Finance
Quote: “Hut 8 has also inked a 15-year, $9.8 billion lease covering 352 megawatts of AI factory capacity at its Beacon Point campus in Nueces County, Texas.”