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Google financial backstop for lease obligations

Company: Hut 8 - Project: River Bend

Subject kind
partnership
Statement date
2025-12-16
Current status
stated

The claim, verbatim

Google providing financial backstop covering lease payments and related pass-through obligations for 15-year base lease 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: “Google, a subsidiary of Alphabet Inc. (S&P: AA+, Moody ' s: Aa2), is providing a financial backstop, which covers the lease payments and related pass-through obligations”

How we checked this

Checked on September 26, 2026. The cited source supports every part of this claim.

The release states that Google's backstop covers lease payments and pass-through obligations for the 15-year base term.

Confirmed in the source:

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: “Google, a subsidiary of Alphabet Inc. (S&P: AA+, Moody ' s: Aa2), is providing a financial backstop, which covers the lease payments and related pass-through obligations”

View cached copy (2026-09-23)Live source ↗