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Hut 8 is fully commercializing its Texas AI data center campus with a second $9.8 billion lease

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Hut 8 is fully commercializing its Texas AI data center campus with a second $9.8 billion lease

The 15-year deal doubles an existing tenant's contracted capacity at the 1 GW Beacon Point campus to 704 MW

SOPA Images / Getty Images

Hut 8 signed a second 15-year lease worth $9.8 billion on Monday, covering 352 megawatts of IT capacity at its Beacon Point campus in Texas and completing the commercialization of the 1-gigawatt site.

The new agreement is with an existing unnamed investment-grade tenant, bringing that customer's total contracted footprint at the campus to 704 MW —........

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