jain.com

Poolin assets: $100M cash at closing

Company: Hut 8

Subject kind
acquisition
Statement date
2026-09-30
Promised amount
100000000.0 USD
Current status
stated

The claim, verbatim

Agreements attached to the court order provide for $100 million payable at closing.

Source (primary)

Poolin Auction Reopens as Hut 8 Deal Ties $80 Million to Data Center Milestones - TheEnergyMag (-, news_article)
View cached copy (2026-10-05)Live source ↗Archive.org ↗

Quote: “The agreements attached to the order provide for $100 million at closing and up to $80 million in milestone payments.”

How we checked this

Checked on October 6, 2026. The cited source supports every part of this claim.

The article states that the agreements attached to the order provide for $100 million at closing.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://theenergymag.com/news/2026-09-30/poolin-hut8-bid-reopen) in full (5,928 characters, retrieved October 5, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Poolin Auction Reopens as Hut 8 Deal Ties $80 Million to Data Center Milestones - TheEnergyMag

Quote: “The agreements attached to the order provide for $100 million at closing and up to $80 million in milestone payments.”

View cached copy (2026-10-05)Live source ↗Archive.org ↗