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REPORTED DEVELOPMENT

Nvidia is reported to be Hut 8's undisclosed Texas tenant

Hut 8 has disclosed two long-term Beacon Point leases totaling 704MW without naming the customer. The Financial Times identified Nvidia as the tenant and reported potential value of about $50.2 billion including renewal options.

ORIGINAL SOURCEReuters · Financial Times
PUBLIC RESPONSE

Hut 8 confirmed the leases but did not name the tenant. Nvidia and Hut 8 had not commented on the reported identity.

ENTITIES
NvidiaHut 8Beacon Point
REPORTING STATUS
Lease disclosed · tenant unconfirmed