700 MW Texas campus leased to high-investment-grade company
Company: Hut 8 - Project: Beacon Point
The claim, verbatim
A high-investment-grade company signed 15-year leases for Hut 8's entire 700-megawatt Texas campus, designed to support Nvidia chips
Source (primary)
Why Is HUT Stock Rising Nearly 5% In Overnight Trading? - stocktwits.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
Checked on September 15, 2026. The cited source supports every part of this claim.
The article states that in July Hut 8 said an unnamed high-investment-grade company signed 15-year leases for its entire 700 MW Texas campus, which would be designed for Nvidia chips.
Confirmed in the source:
- A high-investment-grade company signed leases with Hut 8
- The leases are 15-year leases
- The leases cover Hut 8's entire 700-megawatt Texas campus
- The facility is designed to support Nvidia chips
What we did: Read our cached copy of the publisher (https://stocktwits.com/news-articles/markets/equity/why-is-hut-stock-rising-nearly-5-in-overnight-trading/cZsocQzRJt5) in full (5,828 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Why Is HUT Stock Rising Nearly 5% In Overnight Trading? - stocktwits.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”