50% ownership in King Mountain mining joint venture with NextEra Energy
Company: Hut 8 - Project: King Mountain
The claim, verbatim
USBTC has a 50% membership interest in the King Mountain JV alongside NextEra Energy, Inc., which operates 1.7 EH/s of installed self-mining capacity at the King Mountain, Texas site.
Source (primary)
Hut 8 S-4/A filed 2023-07-17 (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 2023-07-17
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").”