- Hut 8 signed a second 15‑year, $9.8B triple‑net lease at Beacon Point, raising contracted campus capacity to 704 MW and base-term contract value to $19.6B; campus target 1,000 MW.
- Benchmark maintained its Buy rating on Hut 8 Corp. (HUT) and raised its price target from $165.00 to $195.00 per share.
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Key facts: Hut 8 Signs $9.8B 15‑Year Lease; Benchmark Raises PT to $195
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Hut 8 signed a second 15‑year, $9.8B triple‑net lease at Beacon Point, raising contracted campus capacity to 704 MW and base-term contract value to $19.6B; campus target 1,000 MW.B