Contracted IT capacity
Company: Hut 8
The claim, verbatim
949 megawatts of contracted IT capacity
Source (primary)
Dan Loeb’s Third Point Increased Its Reported Hut 8 Stake and Disclosed Riot Debt Exposure - Yahoo Finance (-, news_article)
View cached copy (2026-09-13)Live source ↗
Quote: “Hut 8's August 4 update reported 949 megawatts of contracted IT capacity”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The article states that Hut 8's August 4 update reported 949 megawatts of contracted IT capacity, which is exactly what the claim asserts.
Confirmed in the source:
- Hut 8 reported 949 megawatts of contracted IT capacity (in its August 4 update)
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/dan-loeb-third-point-increased-132101919.html) in full (10,900 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Dan Loeb’s Third Point Increased Its Reported Hut 8 Stake and Disclosed Riot Debt Exposure - Yahoo Finance
Quote: “Hut 8's August 4 update reported 949 megawatts of contracted IT capacity”
confirms Hut 8 adds US$1.07B secured credit line for AI campuses - mugglehead.com
Quote: “Hut 8 reported 949 megawatts of contracted IT capacity across River Bend and Beacon Point”