700-megawatt Texas campus lease for 15 years
Company: Hut 8 - Project: Beacon Point
The claim, verbatim
A high-investment-grade company has signed 15-year leases for Hut 8's entire 700-megawatt Texas campus, with a $20 billion facility designed to support Nvidia chips
Source (primary)
Why Is HUT Stock Rising Nearly 5% In Overnight Trading? - es.tradingview.com (-, news_article)
View cached copy (2026-09-01)Live source ↗
Quote: “Hut 8 said that a 'high-investment-grade company' had signed 15-year leases for its entire 700-megawatt Texas campus... The company said that the $20 billion facility would be designed to support Nvidia chips”
How we checked this
Additional evidence
confirms Why Is HUT Stock Rising Nearly 5% In Overnight Trading? - es.tradingview.com
Quote: “Hut 8 said that a 'high-investment-grade company' had signed 15-year leases for its entire 700-megawatt Texas campus... The company said that the $20 billion facility would be designed to support Nvidia chips”
Record of changes
September 1, 2026 — statedlater found incorrect
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 2, 2026 — withdrawnlater found incorrect
Evidence review against the cited source. The source specifies the deal is worth $35 billion, directly contradicting the claim's assertion of a $20 billion facility.
September 2, 2026 — stated
Correction after re-verification. Re-verification found the cited source does support this claim. The earlier withdrawal was made in error and has been reversed. Both segments of the attributed quote appear verbatim in the source, with only the ellipsis eliding the phrase "without naming the tenant" and quote-mark style differing.