Hut 8 launches Beacon Point AI lease worth $9.8b

Posted On May 6, 2026

Hut 8 has signed a 15-year, $9.8 billion AI data center lease at its Beacon Point campus in Nueces County, Texas, sending its stock nearly 30% higher on Wednesday. Hut 8 has signed a 15-year, $9.8 billion AI data center…