Web3
Hut 8 inks $9.8B lease for 352MW at Beacon Point, doubling campus capacity to 704MW
Crypto Briefing·July 20, 2026·1 min read
Hut 8 signed a $9.8 billion second lease at Beacon Point, doubling the Texas AI campus to 704MW. Total contracted capacity reaches 949MW. This expansion positions Hut 8 as a major player in AI infrastructure, leveraging its crypto mining expertise for high-performance computing.
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