Hut 8 Completes Commercialization of Beacon Point Campus with Second AI Lease
Hut 8 has fully commercialized its 1 GW Beacon Point campus in Texas after signing a second lease for 352 MW, bringing total contracted capacity to 704 MW. The deal increases the base-term contract value at the campus to $19.6 billion and could reach up to $50.2 billion if renewal options are exercised.
Tickers: $HUT
Topics: AI infrastructure commercialization contract value real estate leasing