River Bend DC lease to Fluidstack with Google rent backstop
Company: Hut 8 - Project: River Bend
The claim, verbatim
River Bend DC is leased in its entirety to Fluidstack USA IV Inc with a rent backstop from Google LLC
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 states that the River Bend data centre is fully leased to Fluidstack USA IV Inc, with Google LLC providing a rent backstop.
Confirmed in the source:
- The River Bend DC data centre is leased in its entirety to Fluidstack USA IV Inc
- The River Bend DC lease has a rent backstop from Google LLC
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.”