Hut 8's Beacon Point subsidiary prices $4.25B senior secured notes due 2042

Beacon Point DC LLC priced a $4.25 billion private offering of 6.129% senior secured notes to finance a 352-megawatt data center project in Texas leased to a high-investment-grade tenant. The non-recourse offering demonstrates Hut 8's ability to secure major project financing for its energy infrastructure platform expansion.