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Beacon Point second phase lease

Company: Hut 8 - Project: Beacon Point

Subject kind
partnership
Statement date
2026-08-20
Promised amount
9.8 USD
Current status
stated

The claim, verbatim

Signed a second 15-year, $9.8 billion lease for 352 MW of IT capacity at Beacon Point AI campus in Texas with a high-investment-grade tenant

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: “signing a second 15‑year, $9.8B lease for 352 MW of IT capacity with the same high‑investment‑grade tenant”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Hut 8 Stock Draws Wall Street Heat As Nvidia Deal Locks In $50B AI Leases - timothysykes.com

Quote: “signing a second 15‑year, $9.8B lease for 352 MW of IT capacity with the same high‑investment‑grade tenant”

View cached copy (2026-08-31)Live source ↗