Hut 8 subsidiary prices $4.25B of 6.129% senior secured notes due 2042 for data center

Hut 8 Corp.

Subsidiary Beacon Point DC LLC priced $4.25B of 6.129% senior secured notes due 2042, fully amortizing.
Proceeds to finance 352 MW critical IT capacity data center on ~521 acres in Nueces County, TX.
Notes are non-recourse to Hut 8 and secured by first-priority liens on substantially all issuer assets.
Tenant is a high-investment-grade company (rated AA- or higher) under a data center lease.
Offering expected to close June 9, 2026.

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