Hut 8 Corp. advances one-gigawatt Beacon Point data center development in Texas

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20.05.2026

Hut 8 Corp. advances one-gigawatt Beacon Point data center development in Texas — Hut 8 Corp. starts Texas data center

Hut 8 Corp. has announced its intention to establish a lasting footprint in Nueces County, Texas, through the development of its ambitious one-gigawatt Beacon Point data center project.

The company emphasized that its commitment to the local community begins well before physical construction starts, positioning the project as a multi-decade investment in the area’s economic and technological growth. Hut 8 Corp.'s approach signals a strategic emphasis on both operational scale and local engagement as it expands its infrastructure footprint.

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Earlier this year, Hut 8 Corp. secured a Bitcoin-backed credit facility worth $200 million, unencumbering 3,300 Bitcoin and reducing its debt costs. The company also earned a Great Place to Work certification after strong employee survey results. Both developments signal Hut 8 Corp.'s recent operational milestones ahead of its expansion in Texas.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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