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Far North portfolio sale

Company: Hut 8

Subject kind
acquisition
Statement date
2026-11-04
Current status
stated

The claim, verbatim

Hut 8 sold its Far North portfolio in February, which primarily drove Power revenue down to $1.3 million from $8.4 million.

Source (primary)

Hut 8 Corp (HUT) (Q3 2026) Earnings Call Highlights: $27 Billion AI Backlog, Record Net Income, ... - Yahoo Finance (-, news_article)
View cached copy (2026-11-05)Live source ↗

Quote: “Power Revenue: $1.3 million, down from $8.4 million, primarily due to the sale of the Far North portfolio in February.”

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 Corp (HUT) (Q3 2026) Earnings Call Highlights: $27 Billion AI Backlog, Record Net Income, ... - Yahoo Finance

Quote: “Power Revenue: $1.3 million, down from $8.4 million, primarily due to the sale of the Far North portfolio in February.”

View cached copy (2026-11-05)Live source ↗

confirms [Hut 8 Q3 2026 Earnings Call] Hut 8 Says No New Equity Needed for $27 Billion AI Lease Backlog as Beacon Point Faces December 10 Audit - BigGo Finance

Quote: “dragged down by the February sale of the Far North power portfolio”

View cached copy (2026-11-05)Live source ↗