BRIEF-Hut 8 signs second 15-year lease, fully commercializes 1 GW Beacon Point campus

HUT 8

HUT 8

HUT

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July 20 (Reuters) - Hut 8 Corp HUT.O:

  • HUT 8: BEACON POINT INITIAL PHASE 2 DATA HALL DELIVERY EXPECTED IN Q2 2028

  • HUT 8: BASE-TERM CONTRACT VALUE FOR FULL 1,000 MW CAMPUS RISES TO $19.6 BILLION

  • HUT 8: THREE 5-YEAR RENEWAL OPTIONS PER LEASE INCREASE POTENTIAL CAMPUS-LEVEL CONTRACT VALUE TO $50.2 BILLION IF ALL ARE EXERCISED

  • HUT 8: FULLY COMMERCIALIZES 1 GW BEACON POINT DATA CENTER CAMPUS THROUGH A SECOND 15-YEAR, $9.8 BILLION LEASE

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