Mon, Jul 20, 2026
Hut 8 fully commercializes 1GW Beacon Point campus with second 352MW lease
Key points
- Same undisclosed tenant doubles commitment; campus-level base-term contract value now $19.6B (up to $50.2B with renewals); ~$655M expected average annual NOI for Phase 2 alone
Deal
Undisclosed customerJul 2026
SiteBeacon Point
Contracted capacity352 MW
Contract value$9.8B
Duration15 years + three 5-year extension options
Disclosed NOI$655M/yr