Hut 8 values $4.25 billion in senior secured notes for Beacon Point data center in Texas
Hut 8 (NASDAQ: HUT) said its subsidiary Beacon Point DC LLC priced $4.25 billion of 6.129% senior secured notes due Nov. 30, 2042, to finance its Beacon Point data center project in Nueces County, Texas. The notes were priced on Thursday, June 4, 2026 and are expected to close on June 9, subject to market…