--- title: Nvidia is the mystery tenant behind Hut 8’s $50bn Texas... description: The Financial Times, citing five sources, identifies Nvidia as the unnamed hyperscaler behind Hut 8's two 15-year, 352-MW data centre leases at the Beacon... canonical: https://daily.dev/posts/nvidia-is-the-mystery-tenant-behind-hut-8-s-50bn-texas-data-centre-ft-reports-4ho54qzdy twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Nvidia is the mystery tenant behind Hut 8’s $50bn Texas data centre, FT reports | daily.dev og:description: The Financial Times, citing five sources, identifies Nvidia as the unnamed hyperscaler behind Hut 8's two 15-year, 352-MW data centre leases at the Beacon... og:url: https://daily.dev/posts/nvidia-is-the-mystery-tenant-behind-hut-8-s-50bn-texas-data-centre-ft-reports-4ho54qzdy og:image: https://api.daily.dev/og/posts/4HO54QzDy.png og:image:alt: Nvidia is the mystery tenant behind Hut 8’s $50bn Texas data centre, FT reports og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Nvidia is the mystery tenant behind Hut 8’s $50bn Texas data centre, FT reports **[The Next Web](https://daily.dev/sources/tnw)** · 4 min read · 0 upvotes · 0 comments ## Summary The Financial Times, citing five sources, identifies Nvidia as the unnamed hyperscaler behind Hut 8's two 15-year, 352-MW data centre leases at the Beacon Point campus in Nueces County, Texas. The base-term contract value stands at $19.6bn, with the widely cited $50bn figure representing a maximum only reachable if all three five-year renewal options on each lease are exercised. The 525-acre campus is being built to Nvidia's own DSX reference architecture for gigawatt-scale AI factories, with energisation expected in Q1 2027. The arrangement places Nvidia in an unusual triple role: architect of the reference design, chip supplier, and anchor tenant whose credit makes the project financeable. The pattern mirrors Google's $44bn in data centre lease guarantees and reflects a broader trend of former crypto miners like Hut 8 and Cipher Digital becoming preferred vehicles for hyperscaler infrastructure builds. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [Hut 8 signs a 15-year, $9.8bn lease for the first phase of its Texas AI data centre](https://daily.dev/posts/hut-8-signs-a-15-year-9-8bn-lease-for-the-first-phase-of-its-texas-ai-data-centre-jauxeq9kz) · The Next Web · 0 upvotes · 0 comments - [Nvidia is not backing OpenAI’s rent. 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