Beacon Point second lease commercialization
Company: Hut 8 - Project: Beacon Point
The claim, verbatim
Signed a second 15-year, $9.8B lease for 352 MW of IT capacity at Beacon Point AI campus, bringing total contracted capacity to 704 MW
Source (primary)
Hut 8 Stock Draws Wall Street As Nvidia AI Deal Lands - timothysykes.com (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “signing a second 15‑year, $9.8B lease for 352 MW of IT capacity. That doubles contracted capacity at the site to 704 MW”
How we checked this
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Additional evidence
confirms Hut 8 Stock Draws Wall Street As Nvidia AI Deal Lands - timothysykes.com
Quote: “signing a second 15‑year, $9.8B lease for 352 MW of IT capacity. That doubles contracted capacity at the site to 704 MW”