Fluidstack 15-year AI data center lease
Company: Hut 8 - Project: River Bend
The claim, verbatim
Hut 8 signed 15-year lease with Fluidstack for 245 MW IT capacity at River Bend with total contract value of $7.0 billion over base term
Source (primary)
hut-8 8-K exhibit (hut-20251217xex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-23)Live source ↗
Quote: “signed a 15-year, $7.0 billion lease (the " Agreement " ) with Fluidstack for 245 megawatts (MW) of IT capacity at its River Bend data center campus in Louisiana”
How we checked this
Checked on September 26, 2026. The cited source supports every part of this claim.
The press release states that Hut 8 signed a 15-year, $7.0 billion lease with Fluidstack for 245 MW of IT capacity at River Bend.
Confirmed in the source:
- Hut 8 signed a lease with Fluidstack
- The lease has a 15-year term
- The lease covers 245 MW of IT capacity at the River Bend campus
- Total contract value is $7.0 billion over the base term
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1964789/000110465925122052/hut-20251217xex99d1.htm) in full (19,971 characters, retrieved September 23, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms hut-8 8-K exhibit (hut-20251217xex99d1.htm)
Quote: “signed a 15-year, $7.0 billion lease (the " Agreement " ) with Fluidstack for 245 megawatts (MW) of IT capacity at its River Bend data center campus in Louisiana”