River Bend phase one IT capacity 245 MW
Company: Hut 8 - Project: River Bend
The claim, verbatim
River Bend's first phase comprises 245 MW of commercialized IT capacity.
Source (primary)
Needham maintains Hut 8 Buy rating and $138 target after River Bend tour - Yahoo Finance (-, news_article)
View cached copy (2026-10-08)Live source ↗Archive.org ↗
Quote: “River Bend's first phase comprises 245 megawatts of commercialized IT capacity”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The article states this figure directly.
Confirmed in the source:
- River Bend's first phase comprises 245 MW of commercialized IT capacity
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/needham-maintains-hut-8-buy-145229012.html) in full (9,103 characters, retrieved October 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Needham maintains Hut 8 Buy rating and $138 target after River Bend tour - Yahoo Finance
Quote: “River Bend's first phase comprises 245 megawatts of commercialized IT capacity”