Beacon Point 352 MW lease
Company: Hut 8 - Project: Beacon Point
The claim, verbatim
Investment-grade technology company signed 15-year lease for 352 megawatts at Beacon Point
Source (primary)
Anthropic’s $35B Lambda Deal Connects Nvidia to Hut 8’s Texas AI Data Center - TheEnergyMag (-, news_article)
View cached copy (2026-09-01)Live source ↗
Quote: “Hut 8 said on July 20 that an unidentified, investment-grade technology company had signed a second 15-year lease for 352 megawatts of information-technology capacity at the site.”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The article reports Hut 8's July 20 announcement that an unidentified investment-grade technology company signed a 15-year lease for 352 MW at Beacon Point. The article describes this as the tenant's second such lease.
Confirmed in the source:
- An investment-grade technology company signed a lease at Hut 8's Beacon Point campus
- The lease has a 15-year term
- The lease covers 352 megawatts of IT capacity
What we did: Read our cached copy of the publisher (https://theminermag.com/news/market-news/anthropic-lambda-nvidia-hut-ai-texas-beacon-point) in full (5,705 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Anthropic’s $35B Lambda Deal Connects Nvidia to Hut 8’s Texas AI Data Center - TheEnergyMag
Quote: “Hut 8 said on July 20 that an unidentified, investment-grade technology company had signed a second 15-year lease for 352 megawatts of information-technology capacity at the site.”