H
Hut 8
Capacity landlordMiner pivotNASDAQ:HUTHut 8 is a capacity landlord that began as a bitcoin miner based in Miami, United States, founded in 2017. It is publicly listed (NASDAQ:HUT).
Capacity, contracted949 MWas disclosed
Capacity, operating—not disclosed
Market cap$6.84Bmarket cap, 9 Nov 2026
Compute deals on record7$26.6B confirmed contract value
Key facts
| Classification | Capacity landlord, miner pivotHow types are assigned |
| Status | Listed, NASDAQ:HUT |
| Headquarters | Miami, United States |
| Founded | 2017 |
| Capacity and backlog | Hut 8 reported about $26.6 billion of aggregate base-term contract value (Q3 2026 results): two 352 MW IT leases at Beacon Point, Texas, to a highly rated investment-grade tenant (about $19.6 billion combined) and a 245 MW, 15-year lease at River Bend, Louisiana, to Fluidstack (about $7.0 billion, backstopped by Google), with the first River Bend hall due in Q2 2027. Utility capacity under construction rose to 1,330 MW (330 MW at River Bend and 1,000 MW at Beacon Point) after the Beacon Point Phase 2 lease, and Hut 8 agreed to acquire two energized West Texas sites with up to 230 MW of utility capacity, subject to final power approvals (Q3 2026 results). |
| Named customers | Fluidstack, Anthropic (partnership), Google (backstop) |
| Latest financing | $1.07B, senior secured revolving credit facility, 2026 |
| Investors named | J.P. Morgan (bookrunner), Goldman Sachs (bookrunner) |
| Debt and financing | Hut 8 project subsidiaries issued $3.25 billion of 6.192% senior secured notes due 2042 for River Bend (April 2026) and $4.25 billion of 6.129% senior secured notes due 2042 for Beacon Point, rated Baa2 (closed 9 June 2026); Hut 8 also has a $1.07 billion four-year revolving facility, undrawn at Q3 2026. |
| Website | hut8.com |
| Profiles and work | X @Hut8CorpLinkedInHow links are checked, checked 10 Nov 2026 |
Compute deals and financings
| Date | Counterparty | Role | Type | Value | Capacity | Status | Source · checked |
|---|---|---|---|---|---|---|---|
| 20 Jul 2026 | Undisclosed (Beacon Point Phase 1 tenant) | Provider | Colocation lease | $9.8B | 352 MW | Confirmed | |
| 4 Jun 2026 | Investment-grade bond investors (144A private offering) | Buyer | Debt financing | $4.25B | 352 MW | Confirmed | |
| 6 May 2026 | Undisclosed high-investment-grade tenant (Beacon Point Phase 1) | Provider | Colocation lease | $9.8B | 352 MW | Confirmed | sec.gov representing $9.8 billion in base-term contract value on a triple-net, take-or-pay basischecked 9 Nov 2026 |
| 30 Apr 2026 | Investment-grade bond investors (144A private offering) | Buyer | Debt financing | $3.25B | 245 MW | Confirmed | |
| 17 Dec 2025 | Anthropic | Provider | Colocation lease | undisclosed | 245 MW | Confirmed | canada.hut8.com at least 245 megawatts (MW) and up to 2,295 MW of AI data center infrastructurechecked 9 Nov 2026 |
| 17 Dec 2025 | Fluidstack | Provider | Colocation lease | $7B | 245 MW | Confirmed | |
| 17 Dec 2025 | Google Cloud | Buyer | Backstop | undisclosed | 245 MW | Confirmed | sec.gov Google providing a financial backstop covering obligations for the 15-year base lease termchecked 9 Nov 2026 |
Latest posts on X
The most recent posts from @Hut8Corp, the X account of Hut 8, quoted as posted. Replies and reposts are left out. How posts are selected.
Today, we announced our results for Q3 2026. In the third quarter, we executed our power-first strategy at greater scale, broadening our origination program, fully commercializing our Beacon Point AI data center campus, and expanding our funding capacity. We advanced 1,300 MW of energy capacity to exclusivity and entered into agreements to acquire two energized sites in West Texas. At Beacon Point, our existing high-investment-grade tenant doubled its contracted capacity through a second 352 MW IT lease. In the credit markets, we closed a $1.07 billion senior secured revolving credit…
Read the full post on X · With 1 image
“We have always believed that great companies are built in person,” says CEO @ashergenoot. @SFBJNews covers our new Miami headquarters, with interiors designed by @gensler_design. The expanded space brings our teams together to deliver the next generation of energy and digital infrastructure. Read more: hut8.com/news-insights/in-the-News/a-new-…
View the post on X · With 1 image
Hut 8 welcomed @axios reporter @cabrasted to its First Look event at the River Bend data center campus, now under construction in Louisiana. From the substation and switchyard to the trestle system that will carry 762,000 linear feet of cable, Brasted traces the path that power will take from grid to data hall. Her reporting offers a rare look at the engineering and construction behind the AI buildout. Read more: axios.com/local/new-orleans/2026/10/07/da…
View the post on X · With 1 image
checked 10 Nov 2026
Is Hut 8 publicly traded?
Yes. Hut 8 is listed as NASDAQ:HUT. Its market capitalisation was $6.84B on 9 Nov 2026. Company filings are the primary source for its capacity, backlog and debt figures.
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Other capacity landlords on the ledger
| Company | Status | Contracted | Operating | Valuation / market cap |
|---|---|---|---|---|
| RRiot Platforms | NASDAQ:RIOT | 1.15 GW | — | $6.63B |
| TTeraWulf | NASDAQ:WULF | 839 MW | 102 MW | $6.18B |
| GGalaxy Digital | NASDAQ:GLXY | 526 MW | 133 MW | $5.67B |
| AApplied Digital | NASDAQ:APLD | 1.41 GW | 250 MW | $5.06B |
| CCore Scientific | NASDAQ:CORZ | 1.1 GW | 485 MW | $4.1B |
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