BITMAIN ASIC colocation contract revenue
Company: Hut 8
The claim, verbatim
Hut 8's ASIC colocation contract with BITMAIN is expected to generate about $125 million in annualized revenue upon full ramp. It includes a purchase option at Hut 8's discretion for the full ~15 EH/s deployment.
Source (primary)
hut-8 8-K exhibit (hut-20250303xex99d1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-18)Live source ↗
Quote: “The ASIC colocation contract is expected to generate ~$125 million in annualized revenue upon full ramp and includes a purchase option at Hut 8's discretion for the full ~15 exahash-per-second ("EH/s") deployment.”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms hut-8 8-K exhibit (hut-20250303xex99d1.htm)
Quote: “The ASIC colocation contract is expected to generate ~$125 million in annualized revenue upon full ramp and includes a purchase option at Hut 8's discretion for the full ~15 exahash-per-second ("EH/s") deployment.”