Project-level financing commitment
Company: Hut 8 - Project: River Bend
The claim, verbatim
J.P. Morgan and Goldman Sachs expected to provide up to 85% loan-to-cost financing for River Bend project, subject to negotiation and customary closing conditions
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: “Up to 85% loan-to-cost (LTC) expected to be funded by J.P. Morgan, as lead left loan underwriter, and Goldman Sachs & Co. LLC, both of whom are expected to serve as loan underwriters, subject to the negotiation and execution of terms and definitive transaction agreements and customary closing conditions”
How we checked this
Checked on September 26, 2026. The cited source supports every part of this claim.
The release describes up to 85% LTC financing expected from J.P. Morgan and Goldman Sachs, subject to negotiation and closing conditions.
Confirmed in the source:
- J.P. Morgan and Goldman Sachs are expected to fund up to 85% loan-to-cost financing for the River Bend project
- The financing is subject to negotiation, definitive agreements and customary closing conditions
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: “Up to 85% loan-to-cost (LTC) expected to be funded by J.P. Morgan, as lead left loan underwriter, and Goldman Sachs & Co. LLC, both of whom are expected to serve as loan underwriters, subject to the negotiation and execution of terms and definitive transaction agreements and customary closing conditions”