Earlier $140M Poolin deal selection
Company: Hut 8
The claim, verbatim
Poolin earlier in September selected a $140 million transaction with Hut 8 after negotiations with Thor stalled; Hut 8 offered $140 million cash at closing or a higher price with deferred consideration.
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: “Poolin then negotiated with Hut 8 and selected a $140 million transaction”
How we checked this
Checked on October 6, 2026. The cited source supports every part of this claim.
The article reports that negotiations with Thor stalled and that Poolin then selected a $140 million Hut 8 transaction. It also reports the restructuring officer's description of Hut 8's two alternatives.
Confirmed in the source:
- Poolin selected a $140 million transaction with Hut 8 earlier in September
- The selection followed stalled negotiations with Thor
- According to Poolin's restructuring officer, Hut 8 offered either $140 million in cash at closing or a higher overall price that included deferred consideration
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: “Poolin then negotiated with Hut 8 and selected a $140 million transaction”