Beacon Point data center campus, Nueces County Texas
Company: Hut 8 - Project: Beacon Point
The claim, verbatim
Hut 8 is developing the Beacon Point data center expansion in Nueces County, Texas with a planned capacity of 1,000 MW under a 15-year lease agreement valued at US$9.8 billion
Source (primary)
Why Hut 8 (HUT) Is Up 19.0% After Pivoting Bitcoin Mining Power Into AI Data Centers - simplywall.st (-, news_article)
View cached copy (2026-09-08)Live source ↗Archive.org ↗
Quote: “The Beacon Point expansion in Nueces County, Texas, is the clearest example of this shift, with a 15 year, US$9.8 billion base-term lease tied to Nvidia and Anthropic and total planned campus capacity of 1,000 MW.”
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 Why Hut 8 (HUT) Is Up 19.0% After Pivoting Bitcoin Mining Power Into AI Data Centers - simplywall.st
Quote: “The Beacon Point expansion in Nueces County, Texas, is the clearest example of this shift, with a 15 year, US$9.8 billion base-term lease tied to Nvidia and Anthropic and total planned campus capacity of 1,000 MW.”