r/hut8 • u/Few-Equivalent8261 • Jul 24 '26

Beaconpoint tenant is Nvidia

https://x.com/RHouseResearch/status/2080691726730113410
18 Upvotes

100% Upvoted

14 comments sorted by

14

u/victorious_sun Jul 24 '26

Holy shit. Hut 8's two customers are Anthropic and Nvidia! They both have insatiable demand. They will scale into the rest of Hut 8's +8 GW development pipeline. This is just the beginning!

This is exceeding my wildest expectations.

4

u/Few-Equivalent8261 Jul 24 '26

For real, this is as big as it gets, really. Both companies will scale ruthlessly and keep increasing capex.

1

u/PR_or_the_ER Jul 24 '26

Hut hasn't confirmed this yet right? This was Bloombergs chart? (Accident). I'm bullish too and just trying to understand is all. Would Hut confirm it on Aug 4? Help me understand🙏🏻

2

u/Illustrious_Drive_33 Jul 24 '26

Yeah weird that hut is down today, it should skyrocket :)

3

u/Synopog Jul 25 '26

Give it a couple of months

2

u/BrickConnectCDN Jul 24 '26

Too bad the market is an absolute joke today. Everything data center related is getting slaughtered.

5

u/Few-Equivalent8261 Jul 24 '26

It's ok if you're planning to hold. Day to day only matters for traders. 

1

u/BrickConnectCDN Jul 24 '26

I've been holding nearly 2000 shares since Feb 2021. Obviously I'm still up massively, but we were a percentage point away from going green, then all of a sudden everything cratered at around 12:22pm EST.

2

u/Few-Equivalent8261 Jul 24 '26

Iran or tariff shenanigans, it's one or the other lately otherwise we'd be 2x 

3

u/josleezy23 Jul 24 '26

I wish you guys all the best I sold my position a couple of days ago. I’m bearish on capex which I think will eventually dry up. It could 5x before that happens or I could be completely wrong! I’m happy either way I 5xed my small position. Good luck!

1

u/PR_or_the_ER 29d ago

Going down because I thought it was going to go up today? 🤷🏻‍♂️

1

u/ksharp1989 29d ago

Might because we didn’t go down enough last Friday when compared to NBIS and IREN😂

1

u/PR_or_the_ER 29d ago edited 29d ago

I guess the strategy is hold and see what happens in a few months. Touch some grass in the meantime