---
title: "STOCKS | Hut 8 Shares Jump 14% After Signing $9.8 Billion Beacon Point Lease"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293225011.md"
description: "Hut 8 shares rose as much as 14% Monday after the company signed a $9.8 billion, 15-year lease for Beacon Point's second phase. According to NS3.AI, the lease adds 352 megawatts of Nvidia-based AI capacity in Texas. IREN, Cipher Mining, TeraWulf, and the CoinShares Bitcoin Miners ETF also climbed in early trading."
datetime: "2026-07-20T13:52:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293225011.md)
  - [en](https://longbridge.com/en/news/293225011.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293225011.md)
generator: "portal-rs"
---

# STOCKS | Hut 8 Shares Jump 14% After Signing $9.8 Billion Beacon Point Lease

Hut 8 shares rose as much as 14% Monday after the company signed a $9.8 billion, 15-year lease for Beacon Point's second phase. According to NS3.AI, the lease adds 352 megawatts of Nvidia-based AI capacity in Texas. IREN, Cipher Mining, TeraWulf, and the CoinShares Bitcoin Miners ETF also climbed in early trading.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**