Texas campus customer lease contract
Company: Hut 8 - Project: Beacon Point
The claim, verbatim
Hut 8 said a high-investment-grade technology customer signed two 15-year leases totaling 704 MW of IT capacity at its Texas campus with a combined base-term contract value of $19.6 billion
Source (primary)
Nvidia Circular AI: Anthropic Signs $35B Cloud Deal Using Hut 8 Campus - the deep dive (-, news_article)
View cached copy (2026-09-02)Live source ↗
Quote: “In July, the company said a high-investment-grade technology customer had signed two 15-year leases totaling 704 MW of IT capacity at the 1 GW Texas campus, carrying a combined base-term contract value of $19.6 billion.”
How we checked this
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Additional evidence
confirms Nvidia Circular AI: Anthropic Signs $35B Cloud Deal Using Hut 8 Campus - the deep dive
Quote: “In July, the company said a high-investment-grade technology customer had signed two 15-year leases totaling 704 MW of IT capacity at the 1 GW Texas campus, carrying a combined base-term contract value of $19.6 billion.”