Consolidated debt mostly non-recourse
Company: Hut 8
The claim, verbatim
Consolidated loans and notes totaled about $7.6 billion, of which roughly $7.5 billion is non-recourse project financing.
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)
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Quote: “Consolidated loans and notes totaled about $7.6 billion, of which roughly $7.5 billion is non-recourse project financing.”
How we checked this
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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: “Consolidated loans and notes totaled about $7.6 billion, of which roughly $7.5 billion is non-recourse project financing.”