Web3
Hut 8 Extends Beacon Point Phase Two Lease to 17 Years
TokenPost·November 5, 2026·1 min read
Hut 8 extended its Beacon Point Phase Two lease to 17 years, adding two years of contracted revenue tied to 352 megawatts of IT capacity. The original lease had a stated base-term value of $9.8 billion, and the extension strengthens Hut 8's long-term revenue outlook.
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