River Bend DC power capacity
Company: Hut 8 - Project: River Bend
The claim, verbatim
River Bend DC has 245 MW of power capacity
Source (primary)
Hut 8 vs Applied Digital and Why 96 Percent of Hut 8's AI Revenue Is Internal - Phemex (-, news_article)
View cached copy (2026-09-23)Live source ↗
Quote: “The proceeds fund a 245 MW data centre leased in its entirety to Fluidstack USA IV Inc, with a rent backstop from Google LLC.”
How we checked this
Checked on September 26, 2026. The cited source supports every part of this claim.
The article says the River Bend DC note proceeds fund a 245 MW data centre.
Confirmed in the source:
- The River Bend DC data centre funded by the notes is 245 MW
What we did: Read our cached copy of the publisher (https://phemex.com/academy/hut-8-vs-applied-digital-ai-revenue) in full (15,917 characters, retrieved September 23, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Hut 8 vs Applied Digital and Why 96 Percent of Hut 8's AI Revenue Is Internal - Phemex
Quote: “The proceeds fund a 245 MW data centre leased in its entirety to Fluidstack USA IV Inc, with a rent backstop from Google LLC.”