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Hut 8 signs $9.8 billion AI data center lease
Published Monday, July 20, 2026 · Updated July 20
Narrative Spectrum
- Single-Source Coverage — 1 source
What We Know — Key Points
Key points are extracted by an AI model and may contain errors or omissions. Always check the original sources.- Hut 8 signed a second 15-year lease worth $9.8 billion with an existing investment-grade customer.
What Is Claimed — Perspectives
Single-Source Coverage
- Channel News Asia
Hut 8, a company that transitioned from crypto-mining to AI data centers, secured a second 15-year lease worth $9.8 billion, fully commercializing its 1-gigawatt Beacon Point campus in Texas. This agreement doubles an existing tenant's contracted footprint and increases Hut 8's total contracted AI data center capacity.
- Read original →· Jul 20
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