• Hut 8 outlined Beacon Point, a Texas AI data center campus in Nueces County with 1,000 MW of utility capacity under an AEP Texas interconnection.
• Campus fully commercialized under two 15-year triple-net leases totaling 704 MW of contracted IT capacity, split into two 352 MW phases.
• Base-term contract value totals USD 19.6 billion, with 3% annual rent escalators; renewal options lift potential value to USD 50.2 billion.
• Target initial delivery and commissioning: Phase 1 in Q3 2027; Phase 2 in Q2 2028.
• Projected average annual NOI contribution listed at USD 655 million per lease, or USD 1.3 billion total.

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 on July 20, 2026, and is solely responsible for the information contained therein.