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Hut 8 Extends Beacon Point Phase Two Lease to 17 Years

The extension adds two years of contracted revenue tied to 352 megawatts of IT capacity. The original lease had a stated base-term value of $9.8 billion.

Cooling units line a data center campus in early morning light / TokenPost.ai
Cooling units line a data center campus in early morning light / TokenPost.ai

Hut 8 Mining Corp. extended the Beacon Point Phase Two lease by two years, bringing the term to 17 years and adding contracted revenue tied to 352 megawatts of IT capacity.

The original 15-year Beacon Point lease had a stated base-term value of $9.8 billion.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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