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)
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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
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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.”