EX-99.1 2 tm2620835d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Hut 8 Fully Commercializes 1 GW Beacon Point AI Data Center Campus with Second 352 MW IT Lease, Bringing Campus-Level Base-Term Contract Value to $19.6 Billion 15-year, 352 MW IT lease doubles the existing high-investment-grade tenant’s contracted capacity to 704 MW Total contracted IT capacity across Hut 8’s AI data center portfolio rises to 949 MW, supported by 1,330 MW of utility capacity, with aggregate base-term contract value of $26.6 billion and average annual NOI of more than $1.75 billion 100% of Hut 8’s contracted AI data center capacity is leased to or backstopped by investment-grade counterparties Renewal options increase potential campus-level contract value to $50.2 billion MIAMI, July 20, 2026 - Hut 8 Corp. (Nasdaq, TSX: HUT) (“Hut 8” or the “Company”), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive technologies, today announced the commercialization of the second phase of its one-gigawatt Beacon Point data center campus in Nueces County, Texas through a second 15-year, $9.8 billion lease (the “Agreement”) f…
Open exhibit ↗Current Report · Items 8.01, 9.01 · 8-K
Hut 8 Corp.
Other Events
Item 8.01. Other Events. On July 20, 2026, Hut 8 Corp. (the “Company”) issued a press release announcing the commercialization of the second phase of its one-gigawatt Beacon Point data center campus in Nueces County, Texas through a second 15-year lease for 352 megawatts of IT capacity. A copy of the Press Release is included herewith as Exhibit 99.1 and is incorporated herein by reference.
Company context
Hut 8 is an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive technologies such as AI, high-performance computing, and ASIC compute. The Company develops, commercializes, and operates industrial-scale energy and data center infrastructure through a power-first, innovation-driven approach. For more information, visit hut8.com.
Current securities
Historical securities (1)
Recent company filings
- 4 filingSep 28, 2026
- Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · Regulation FD DisclosureSep 28, 2026
- Results of Operations and Financial ConditionAug 4, 2026
- 10-Q filingAug 4, 2026
- SCHEDULE 13G filingJul 31, 2026