~1.5 GW Texas utility capacity
Company: Hut 8
The claim, verbatim
Hut 8 operates approximately 1.5 GW of utility capacity across operational and development sites in Texas, including behind-the-meter projects at King Mountain and Vega.
Source (primary)
Hut 8 Corp. proposes $2.35 million class action securities settlement - scanx.trade (-, news_article)
View cached copy (2026-10-09)Live source ↗Archive.org ↗
Quote: “Hut 8 currently operates approximately 1.5 gigawatts of utility capacity across operational and development sites in Texas”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The article states the 1.5 GW Texas figure and names the King Mountain and Vega behind-the-meter projects.
Confirmed in the source:
- Hut 8 operates approximately 1.5 GW of utility capacity across operational and development sites in Texas
- These sites include behind-the-meter projects at King Mountain and Vega
What we did: Read our cached copy of the publisher (https://scanx.trade/stock-market-news/companies/hut-8-corp-proposes-2-35-million-class-action-securities-settlement/48878593) in full (19,623 characters, retrieved October 9, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Hut 8 Corp. proposes $2.35 million class action securities settlement - scanx.trade
Quote: “Hut 8 currently operates approximately 1.5 gigawatts of utility capacity across operational and development sites in Texas”