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[Hut 8 Files for Texas Beacon Point AI Data Center Project, $399 Million Investment] Hut 8 has filed for a $399 million construction project for the Beacon Point AI Data Center campus near Corpus Christi, Texas, with a planned building area of approximately 657,000 square feet. Construction is expected to begin on September 28 and be completed by November 2027. The campus has already signed two 352MW, 15-year lease agreements, with a total capacity of 704MW and a total contract value of approximately $19.6 billion. The initial phase of the project has secured $4.25 billion in financing. (Source: TheEnergyMag)