No new equity for River Bend or Beacon Point
Company: Hut 8
The claim, verbatim
CEO Asher Genoot said the projects remain on schedule and Hut 8 does not expect to issue additional equity to support River Bend or Beacon Point.
Source (primary)
[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 (-, news_article)
View cached copy (2026-11-05)Live source ↗
Quote: “We remain on schedule, and we do not expect to issue additional equity to support River Bend or Beacon Point.”
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 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: “We remain on schedule, and we do not expect to issue additional equity to support River Bend or Beacon Point.”