Beacon Point contracted capacity
Company: Hut 8 - Project: Beacon Point
The claim, verbatim
Beacon Point AI campus has 704 MW of contracted IT capacity out of 1 GW total capacity
Source (primary)
Hut 8 Stock Draws Wall Street Heat As Nvidia Deal Locks In $50B AI Leases - timothysykes.com (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “taking contracted capacity to 704 MW out of 1 GW”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The article says the second 15-year lease, for 352 MW of IT capacity, took contracted capacity at the 1-GW Beacon Point campus to 704 MW.
Confirmed in the source:
- Hut 8's Beacon Point AI campus in Texas is a 1 GW campus
- Contracted capacity at Beacon Point reached 704 MW, made up of two leases of 352 MW of IT capacity each
What we did: Read our cached copy of the publisher (https://www.timothysykes.com/news/hut-8-corp-hut-news-2026_08_20/) in full (16,785 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Hut 8 Stock Draws Wall Street Heat As Nvidia Deal Locks In $50B AI Leases - timothysykes.com
Quote: “taking contracted capacity to 704 MW out of 1 GW”
confirms HUT Stock Draws Wall Street Upgrades On Massive Nvidia AI Deals - StocksToTrade
Quote: “That doubles contracted capacity at Beacon Point to 704 MW and anchors the site with long-term, high-quality cash flows.”