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Nvidia compute capacity lease for Texas data center

Company: Hut 8 - Project: Beacon Point

Subject kind
partnership
Statement date
2026-07-29
Promised amount
50.0 USD
Current status
stated

The claim, verbatim

Nvidia has signed leases for up to $50 billion for computing capacity at Hut 8's 1GW Texas data center

Source (primary)

HUT Stock Quote Price and Forecast - CNN (-, news_article)
View cached copy (2026-09-01)Live source ↗

Quote: “Nvidia signs up to $50B leases for Hut 8's 1GW Texas data center, FT reports”

How we checked this

Attempted on September 15, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of the publisher (https://www.cnn.com/markets/stocks/HUT) in full (25,491 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms HUT Stock Quote Price and Forecast - CNN

Quote: “Nvidia signs up to $50B leases for Hut 8's 1GW Texas data center, FT reports”

View cached copy (2026-09-01)Live source ↗