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Hut 8 Corp. subsidiary Beacon Point DC LLC announced its intention to offer $4,250 million in senior secured notes due…

HUTHut 8 Corp.

Hut 8 Corp. subsidiary Beacon Point DC LLC announced its intention to offer $4,250 million in senior secured notes due 2042 in a private offering. The proceeds are intended to finance the construction of a 352 MW capacity data center and substation on a 521-acre property in Texas, as well as debt service reserves and offering expenses.

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