River Bend phase one utility capacity 330 MW
Company: Hut 8 - Project: River Bend
The claim, verbatim
River Bend's first phase IT capacity is supported by 330 MW of utility 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: “supported by 330 MW of utility capacity”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The article states that the 245 MW first phase is supported by 330 MW of utility capacity.
Confirmed in the source:
- River Bend's first-phase IT capacity is supported by 330 MW of utility 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: “supported by 330 MW of utility capacity”