---
title: "Key facts: Hut 8 Signs 15-Year 352MW Lease; Disputes PJM Costs, Q1 Loss"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293434890.md"
description: "Hut 8 (HUT) signed a 15-year, 352 MW IT lease with a hyperscaler at Beacon Point, doubling campus capacity to 704 MW and assigning the lease a $9.8B value; stock saw its best week in months. 1Hut 8 (HUT) disputed claims linking PJM data centers to $6.3B in higher bills, said developers cover upgrades. Q1 2026 showed a net loss; AI revenue may be delayed to 2027. 2"
datetime: "2026-07-22T07:14:40.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293434890.md)
  - [en](https://longbridge.com/en/news/293434890.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293434890.md)
generator: "portal-rs"
---

# Key facts: Hut 8 Signs 15-Year 352MW Lease; Disputes PJM Costs, Q1 Loss

-   Hut 8 (HUT) signed a 15-year, 352 MW IT lease with a hyperscaler at Beacon Point, doubling campus capacity to 704 MW and assigning the lease a $9.8B value; stock saw its best week in months. 1
-   Hut 8 (HUT) disputed claims linking PJM data centers to $6.3B in higher bills, said developers cover upgrades. Q1 2026 showed a net loss; AI revenue may be delayed to 2027. 2

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