Hut 8 fully commercializes 1 GW Beacon Point AI data center campus
The second 352 MW IT lease brings total campus contract value to $19.6 billion with a high-investment-grade tenant.
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Developer and operator of energy infrastructure and compute
hut8.comLast updated
In short: Hut 8 accelerated its pivot toward AI infrastructure, securing nearly $20 billion in major lease agreements and multi-billion dollar debt.
The second 352 MW IT lease brings total campus contract value to $19.6 billion with a high-investment-grade tenant.
The company will release results before market open on August 4, 2026, and host a conference call and webcast at 8:30 a.m. ET that day.
He succeeds William Tai and brings decades of executive and public-company governance experience to lead the board.
The Issuer priced 6.129% senior secured notes due 2042 to fund a 352 MW data center and substation in Nueces County, Texas; offering expected to close June 9, 2026.
New agreement covers 352 megawatts of IT capacity and doubles the unnamed tenant's total contracted footprint at the site to 704 MW...
Benchmark nearly doubled its price target on Hut 8 and cited strong operating momentum ahead of its...
Wall Street brokerage Benchmark has raised its price target on the stock of Hut 8 Corp. (NASDAQ: $HUT) as the company's pivot to artificial intelligence...
TeraWulf, IREN, and Hut 8 stocks surge as Bitcoin miners pivot to AI data centers, decoupling their share prices from crypto.
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