Hut 8 / Beacon Point — Texas
A normalized record separating utility capacity from contracted critical-IT capacity and staged delivery.
State
Economic context
Reported lease value: $9.8B. This demonstrates disclosed long-duration economics attached to contracted compute capacity; it does not establish a standalone price for Quiet Stance intelligence.
Dependency chain
Utility capacity → contracted IT capacity → staged delivery → construction / fit-out → energization by phase → compute deployment → revenue.
Uncontracted utility/campus capacity is not treated as immediately compute-ready merely because it exists at the utility-capacity level.
Evidence
EV-FIE005B-005-001 — Beacon Point transaction-grade assessment, recorded 2026-09-15.
EV-FIE005B-005-002 — long-duration lease economics, recorded 2026-09-15.
What remains unknown
Delivery timing by phase, status of uncontracted utility capacity, and compute deployment timing remain unresolved in this public record.
Active research. This page records a dated state and evidence chain; it does not provide investment advice or claim buyer willingness to pay.