Hut 8 unit Beacon Point DC prices USD 4.25 billion senior secured notes for Texas data center project
HUT 8
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- Hut 8 unit Beacon Point DC priced a USD 4.25 billion private offering of 6.129% senior secured notes due 2042.
- Proceeds target Beacon Point’s Beacon Point data center project in Texas, including a 352-megawatt facility and on-site substation.
- Notes are senior secured at the issuer level, backed by first-priority liens on most assets; financing is non-recourse to Hut 8.
- Interest pays semiannually starting Nov. 30, 2026; maturity Nov. 30, 2042; fully amortizing with payments starting May 30, 2030.
- Project includes a lease to a high-investment-grade tenant rated AA- or higher as of the announcement date.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hut 8 Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-070744), on June 05, 2026, and is solely responsible for the information contained therein.
