Share of capacity under long-term contracts
Company: Hut 8
The claim, verbatim
Nearly 90% of energy capacity under management was commercialized under executed agreements of one year or longer at quarter-end, up from less than 30% a year earlier.
Source (primary)
hut-8 8-K exhibit (hut-20250807xex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-08)Live source ↗
Quote: “increased the share of energy capacity under management commercialized under executed agreements with terms of one year or longer to nearly 90% at quarter-end, up from less than 30% a year ago”
How we checked this
Checked on October 9, 2026. The cited source supports every part of this claim.
CEO Asher Genoot is quoted giving both figures, nearly 90% at quarter-end and less than 30% a year ago.
Confirmed in the source:
- Nearly 90% of Hut 8's energy capacity under management was commercialized under executed agreements of one year or longer at quarter-end
- That share was less than 30% a year earlier
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1964789/000155837025010632/hut-20250807xex99d1.htm) in full (22,441 characters, retrieved October 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms hut-8 8-K exhibit (hut-20250807xex99d1.htm)
Quote: “increased the share of energy capacity under management commercialized under executed agreements with terms of one year or longer to nearly 90% at quarter-end, up from less than 30% a year ago”