Hut 8 Announces Second Triple-Net Lease Worth $9.8 Billion at Beacon Point AI Data Center

Hut 8 shares rose about 10% after announcing a second triple-net lease worth $9.8 billion for its Beacon Point data center in Texas, doubling the contracted IT capacity to 704 MW and fully commercializing the one-gigawatt facility.

By Wajeeh Khan Mon, July 20, 2026 at 11:48 PM GMT+3 2 min read · Yahoo Finance · July 20, 2026, 20:48 UTC

Tickers: $HUT

Topics: data center expansion Hut 8 lease agreements stock price movement

Read the full article at Yahoo Finance

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