Wed, May 6, 2026
Hut 8 signs $9.8 billion Beacon Point Phase 1 lease with undisclosed hyperscaler
Key points
- 352MW IT capacity, 15-year triple-net take-or-pay lease
Deal
Undisclosed customerMay 2026
SiteBeacon Point
Contracted capacity352 MW
Contract value$9.8B
Duration15 years + three 5-year extension options
Disclosed NOI$655M/yr