$3.25B senior secured notes for River Bend
Company: Hut 8 - Project: River Bend
The claim, verbatim
Hut 8's project subsidiary financed River Bend with $3.25 billion in senior secured notes carrying a 6.192% coupon, maturing in 2042, non-recourse to the parent.
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: “Hut 8's project subsidiary used $3.25 billion in senior secured notes to finance River Bend . The notes carry a 6.192% coupon, mature in 2042 and are non-recourse to the parent.”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The article states every financing term in the claim.
Confirmed in the source:
- Hut 8's project subsidiary used $3.25 billion in senior secured notes to finance River Bend
- The notes carry a 6.192% coupon
- The notes mature in 2042
- The notes are non-recourse to the parent
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: “Hut 8's project subsidiary used $3.25 billion in senior secured notes to finance River Bend . The notes carry a 6.192% coupon, mature in 2042 and are non-recourse to the parent.”
