Cahill Represents Initial Purchasers in Beacon Point DC’s $4.25 Billion Notes Offering

June 9, 2026

Cahill represented the initial purchasers in connection with a Rule 144A offering of $4.25 billion aggregate principal amount of 6.129% senior secured notes due 2042 by Beacon Point DC.

Proceeds from the offering were used to finance the development and construction of a turnkey data center with a combined total of 352 megawatts of critical IT capacity and the related substation at Hut 8’s Beacon Point campus. Beacon Point DC is an indirect wholly owned subsidiary of Hut 8 Corp.

Hut 8 Corp. is an energy infrastructure platform that integrates power, digital infrastructure, and compute capacity at scale to fuel next-generation, energy-intensive use cases such as AI, high-performance computing, and ASIC compute.

 

Also of Interest