Beacon Point Phase 2 lease
Company: Hut 8 - Project: Beacon Point
The claim, verbatim
An investment-grade technology company signed a second 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 15, 2026. The cited source supports every part of this claim.
The article reports Hut 8's July 20 announcement of a second 15-year, 352-megawatt lease at Beacon Point with an investment-grade technology company.
Confirmed in the source:
- Hut 8 said an unidentified investment-grade technology company signed a second lease at Beacon Point
- 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.”