Crypto

Hut 8 Stock Soars on Texas Data Center Deals Totaling $50 Billion

Guavy AI Editorial Team Published August 21, 2026

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BTC

Hut 8 Corp.'s stock price has risen by 6.41% after the company fully commercialized its 1-GW Beacon Point AI data center campus in Texas.

The campus is now locked in with a second 15-year, $9.8B lease for 352 MW of IT capacity with a high-investment-grade tenant.

This contract pushes contracted capacity at Beacon Point to 704 MW and secures long-duration cash flows that many Bitcoin miners can only dream about.

The Wire

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