secwatch.observer — SEC 8-K summary
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Issuer:     Hut 8 Corp. (HUT)
CIK:        0001964789
Form:       8-K
Filed at:   2026-07-20T11:20:47+00:00
Accession:  0001104659-26-084862
Event type: other_material
Sentiment:  positive
Materiality: 0.85
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hut 8 fully commercializes 1 GW Beacon Point campus with second 352 MW lease; total campus contract value $19.6B
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- Second 15-year, $9.8B lease for 352 MW IT capacity at Beacon Point; same high-investment-grade tenant as Phase 1.
- Total campus contracted IT capacity now 704 MW; campus fully commercialized against 1,000 MW utility capacity.
- Campus-level base-term contract value rises to $19.6B; renewal options could increase to $50.2B.
- Hut 8's total AI data center portfolio reaches 949 MW contracted, $26.6B base-term value, avg annual NOI >$1.75B.
- Initial Phase 2 data hall delivery expected Q2 2028; site prep underway, energization on schedule Q1 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1964789/000110465926084862/0001104659-26-084862-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1964789/000110465926084862/tm2620835d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-084862

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