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King Mountain joint venture with NextEra Energy

Company: Hut 8 - Project: King Mountain

Subject kind
partnership
Statement date
2023-08-23
Current status
stated

The claim, verbatim

USBTC holds 50% membership interest in King Mountain JV alongside NextEra Energy, with the JV owning 1.7 EH/s installed self-mining capacity in Texas

Source (primary)

Hut 8 S-4/A filed 2023-08-24 (SEC EDGAR, sec_filing)
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Quote: “The 1.7 EH/s installed self-mining capacity at the King Mountain, Texas site is owned by the joint venture (the "King Mountain JV") in which USBTC has a 50% membership interest alongside NextEra Energy, Inc. ("NextEra").”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Hut 8 S-4/A filed 2023-08-24

Quote: “The 1.7 EH/s installed self-mining capacity at the King Mountain, Texas site is owned by the joint venture (the "King Mountain JV") in which USBTC has a 50% membership interest alongside NextEra Energy, Inc. ("NextEra").”

View cached copy (2026-09-13)Live source ↗