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Beacon Point AI Data Center Lease

Sector: Power Generation (CCGT) • Location: Nueces County, Texas, United States

Source: CoinDesk

Project
Awarded

Hut 8 announced a 15-year, $9.8 billion lease for a large-scale AI data center project at its Beacon Point campus in Texas. The project involves repurposing the former bitcoin-mining campus for AI and high-performance computing, supporting AI training and inference workloads. The lease includes options that could increase the total value to about $25.1 billion. The project is designed to NVIDIA’s

Status
Closed
Sector
Power Generation (CCGT), Data Center
Location
Nueces County, Texas, United States of America
Updated
22 Jul 2026
Source
CoinDesk

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Project Information

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The project “Beacon Point AI Data Center Lease” is an infrastructure initiative in the Power Generation (CCGT) sector, located in Nueces County, Texas, United States. Taiyo aggregates data on it from CoinDesk.

Participants

Not available for this record.

Status

Original status

awarded

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Hut 8 announced a 15-year, $9.8 billion lease for a large-scale AI data center project at its Beacon Point campus in Texas. The project involves repurposing the former bitcoin-mining campus for AI and high-performance computing, supporting AI training and inference workloads. The lease includes options that could increase the total value to about $25.1 billion. The project is designed to NVIDIA’s DSX reference architecture with initial operations expected starting in 2027.

Original sector

Technology

Budget

Location

Country

United States of America (USA)

State

Texas

City

Nueces County

Source

Source

CoinDesk

URL

More Details

Record type

Project

Sector

Power Generation (CCGT), Data Center

Article published date

2026-05-09

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