Hut 8
Facts that name Hut 8, newest first.
The total comprises 330 MW at River Bend and 1,000 MW at Beacon Point after 500 MW at Beacon Point advanced following the Phase 2 lease. Initial data hall delivery is targeted for Q2 2027 at River Bend, Q3 2027 at Beacon Point Phase 1, and Q2 2028 at Beacon Point Phase 2.
Hut 8
Source: Hut 8 Corp. 8-K, filed Nov 4, 2026
The sites come from affiliates of Poolin Technology Pte. Ltd. through a Chapter 11 sale process, for consideration of up to $180.0 million. Closing is expected as early as Q4 2026, subject to final power approvals and infrastructure development.
Hut 8Poolin Technology Pte. Ltd.
Source: Hut 8 Corp. 8-K, filed Nov 4, 2026
The Phase 2 lease with the Phase 1 tenant represents approximately $9.8 billion in expected base-term contract value and approximately $655.0 million of expected average annual NOI on a triple-net, take-or-pay basis. Campus base-term contract value reaches approximately $19.6 billion.
Hut 8
Source: Hut 8 Corp. 8-K, filed Nov 4, 2026