jain.com

Milestone payments tied to non-mining data-center deals

Company: Hut 8

Subject kind
acquisition
Statement date
2026-09-30
Promised amount
80000000.0 USD
Current status
stated

The claim, verbatim

Up to $80 million in milestone payments depend on qualifying data-center leases and projects using the acquired power, including AI, HPC, cloud and colocation; facilities primarily used for crypto mining are excluded.

Source (primary)

Hut 8’s Poolin Texas Bitcoin Assets Return to Auction at $180 Million - tokenpost.com (-, news_article)
View cached copy (2026-10-02)Live source ↗Archive.org ↗

Quote: “The milestone payments would depend on qualifying data-center leases and projects that use the acquired power resources. Eligible projects include artificial intelligence, high-performance computing, cloud computing and colocation facilities, while facilities primarily used for cryptocurrency mining are excluded.”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Hut 8’s Poolin Texas Bitcoin Assets Return to Auction at $180 Million - tokenpost.com

Quote: “The milestone payments would depend on qualifying data-center leases and projects that use the acquired power resources. Eligible projects include artificial intelligence, high-performance computing, cloud computing and colocation facilities, while facilities primarily used for cryptocurrency mining are excluded.”

View cached copy (2026-10-02)Live source ↗Archive.org ↗