Beacon Point fully commercialized with Phase 2
Company: Hut 8 - Project: Beacon Point
The claim, verbatim
Hut 8 fully commercialized Beacon Point campus with a second 352 megawatt IT lease, bringing total campus base-term contract value to $19.6 billion
Source (primary)
Hut 8 Craters 11% Despite a $19.6B Beacon Point Backlog, TeraWulf Falls 5%, IREN Drops 3%: What’s Pressuring These AI Miner Stocks? - Yahoo Finance (-, news_article)
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Quote: “By July 20, the company had fully commercialized the campus with a second 352 megawatt IT lease, bringing campus-level base-term contract value to $19.6 billion.”
How we checked this
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Additional evidence
confirms Hut 8 Craters 11% Despite a $19.6B Beacon Point Backlog, TeraWulf Falls 5%, IREN Drops 3%: What’s Pressuring These AI Miner Stocks? - Yahoo Finance
Quote: “By July 20, the company had fully commercialized the campus with a second 352 megawatt IT lease, bringing campus-level base-term contract value to $19.6 billion.”