jain.com

15-year lease agreement for Beacon Point capacity

Company: Hut 8 - Project: Beacon Point

Subject kind
partnership
Statement date
2026-06-05
Promised amount
9.8 billion USD
Current status
stated

The claim, verbatim

Entered into a 15-year lease agreement for 352 megawatts of IT capacity with a high-investment-grade company valued at $9.8 billion

Source (primary)

Why Is HUT Stock Sliding Over 2% Premarket Today? - Stocktwits (-, news_article)
View cached copy (2026-08-31)Live source ↗Archive.org ↗

Quote: “the company said that it had entered into a 15-year, $9.8 billion lease agreement for 352 megawatts (MW) of IT capacity with a high-investment-grade company”

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 Is HUT Stock Sliding Over 2% Premarket Today? - Stocktwits

Quote: “the company said that it had entered into a 15-year, $9.8 billion lease agreement for 352 megawatts (MW) of IT capacity with a high-investment-grade company”

View cached copy (2026-08-31)Live source ↗Archive.org ↗