Poolin Texas data centers acquisition
Company: Hut 8
The claim, verbatim
Hut 8 won a $140 million bid for Poolin's Texas data centers, subject to a September 29 court hearing.
Source (primary)
Hut 8 (NASDAQ:HUT) Stock Rating Upgraded by UBS Group - MarketBeat (-, news_article)
View cached copy (2026-09-25)Live source ↗
Quote: “Hut 8 reportedly won a $140 million bid for Poolin's Texas data centers. The assets could expand Hut 8's power capacity and strengthen its positioning in AI and high-performance computing. The transaction remains subject to a September 29 court hearing”
How we checked this
Checked on September 28, 2026. The cited source supports part of this claim, but not all of it.
The MarketBeat article supports the $140 million figure, the Texas data centers and the September 29 court hearing. However, it describes the win only as reported, while the claim states it as established fact.
Confirmed in the source:
- Hut 8 was reported to have won a $140 million bid for Poolin's Texas data centers
- The Poolin transaction remains subject to a September 29 court hearing
We could not confirm this from the cited source:
- That Hut 8 in fact won the Poolin bid, as opposed to reportedly winning it (MarketBeat only says it 'reportedly' won and cites no primary source)
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of the publisher (https://www.marketbeat.com/instant-alerts/analyst-hut-8-nasdaq-hut-stock-rating-upgraded-by-ubs-group-2026-09-24/) in full (17,529 characters, retrieved September 25, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Hut 8 (NASDAQ:HUT) Stock Rating Upgraded by UBS Group - MarketBeat
Quote: “Hut 8 reportedly won a $140 million bid for Poolin's Texas data centers. The assets could expand Hut 8's power capacity and strengthen its positioning in AI and high-performance computing. The transaction remains subject to a September 29 court hearing”