Hut 8 prices $4.25 billion senior secured notes due 2042 for Beacon Point data center project

HUT 8

HUT 8

HUT

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  • Hut 8 priced a USD 4.25 billion private offering of 6.129% senior secured notes due 2042 via subsidiary Beacon Point DC.
  • Proceeds earmarked for a 352-megawatt Texas data center campus buildout, related substation construction, reserves, fees, expenses.
  • Notes pay semiannual cash interest starting Nov. 30, 2026; maturity Nov. 30, 2042; fully amortizing with payments starting May 30, 2030.
  • Secured by first-priority liens on issuer assets; non-recourse to the parent; offering expected to close June 9, 2026.


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 PR Newswire (Ref. ID: 202606042303PR_NEWS_USPR_____FL76772) on June 05, 2026, and is solely responsible for the information contained therein.

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