jain.com

Membership interest in King Mountain joint venture with NextEra Energy

Company: Hut 8 - Project: King Mountain

Subject kind
partnership
Statement date
2023-08-23
Promised amount
50.0 percent
Current status
stated

The claim, verbatim

USBTC has a 50% membership interest in the King Mountain JV alongside NextEra Energy, Inc.

Source (primary)

Hut 8 S-4/A filed 2023-08-24 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

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 ↗