Hut 8 Corp. 8-K

What Happened Hut 8 Corp. announced on July 20, 2026 that it has commercialized the second phase of its one‑gigawatt Beacon Point data center campus in Nueces County, Texas by signing a second 15‑year lease for 352 megawatts (MW) of IT capacity. The company filed an 8‑K and attached a press release dated July 20, 2026 describing the transaction.

Key Details

• Lease term: 15 years (second such 15‑year lease at the campus).
• Capacity: 352 MW of IT capacity for Beacon Point Phase 2.
• Campus size: Beacon Point is a one‑gigawatt (1,000 MW) data center campus in Nueces County, Texas; 352 MW equals 35.2% of the full campus capacity.
• Filing: Announcement made via Form 8‑K (Item 8.01) with a press release included as Exhibit 99.1.

Why It Matters A long‑term 15‑year lease for 352 MW increases the amount of contracted capacity at Hut 8’s Beacon Point campus and signals progress toward commercial operation of the developer’s second phase. For investors, this improves visibility into the company’s ability to monetize its Texas data center buildout and supports longer‑term revenue and capacity utilization prospects, though the filing does not disclose financial terms.