Texas data center development
Company: Hut 8 - Project: Beacon Point
The claim, verbatim
Hut 8 is developing a Texas data center with approximately 350 megawatts capacity
Source (primary)
Hut 8 Rises on Anthropic's $35 Billion Lambda Deal - TradingView (-, news_article)
View cached copy (2026-09-02)Live source ↗
Quote: “a Texas data center Hut 8 is developing. The site covers about 350 megawatts”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The article says Hut 8 is developing a Texas data center and that the site covers about 350 megawatts, citing a person familiar with the matter.
Confirmed in the source:
- Hut 8 is developing a data center in Texas
- The Texas site covers about 350 megawatts
What we did: Read our cached copy of the publisher (https://www.tradingview.com/news/gurufocus:dc5311abb094b:0-hut-8-rises-on-anthropic-s-35-billion-lambda-deal/) in full (3,222 characters, retrieved September 2, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Hut 8 Rises on Anthropic's $35 Billion Lambda Deal - TradingView
Quote: “a Texas data center Hut 8 is developing. The site covers about 350 megawatts”