Hut 8 Corp. reported a new commercial milestone for its Beacon Point data center campus in Nueces County, Texas. In a Form 8-K dated and filed July 20, 2026, the company said it issued a press release announcing the commercialization of the second phase of the planned one-gigawatt campus. The action centers on a second 15-year lease covering 352 megawatts of IT capacity. Hut 8 described the agreement as part of the second phase of Beacon Point, indicating continued customer demand for large-scale data center infrastructure at the Texas site. The filing does not identify the tenant or disclose lease economics such as rent, expected revenue, capital commitments, or commencement timing beyond the 15-year term and 352 MW capacity figure. The company reported the development under Item 8.01, “Other Events,” rather than as a securities issuance, merger, financing, executive change, or insider transaction. Accordingly, the filing does not report any share purchases or sales, option exercises, equity grants, transaction codes, prices, or changes in insider ownership. Hut 8 also filed the related July 20, 2026 press release as Exhibit 99.1 under Item 9.01. The significance of the filing is that it signals further commercialization of Hut 8’s large-scale data center strategy, with the Beacon Point campus now advancing through another major long-term capacity lease tied to hundreds of megawatts of IT load.