Hut 8 expected contract value of AI leases
Company: Hut 8 - Project: River Bend
The claim, verbatim
Hut 8's second-quarter release reported about $26.6 billion of expected contract value tied to its contracted IT capacity at Beacon Point and River Bend.
Source (primary)
Hut 8 Lost 5% in a Week Before Earnings. B. Riley Still Sees $134 - TIKR.com (-, news_article)
View cached copy (2026-11-08)Live source ↗Archive.org ↗
Quote: “with about $26.6 billion of expected contract value”
How we checked this
Checked on November 10, 2026. The cited source supports every part of this claim.
The article states that Hut 8's Aug. 4 second-quarter release showed 949 MW of contracted IT capacity at Beacon Point and River Bend, with about $26.6 billion of expected contract value, matching every part of the claim.
Confirmed in the source:
- Hut 8's second-quarter release (dated Aug. 4) reported about $26.6 billion of expected contract value
- The expected contract value is tied to contracted IT capacity (949 MW) at Beacon Point and River Bend
What we did: Read our cached copy of the publisher (https://www.tikr.com/blog/hut-8-lost-5-in-a-week-before-earnings-b-riley-still-sees-134) in full (6,343 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Hut 8 Lost 5% in a Week Before Earnings. B. Riley Still Sees $134 - TIKR.com
Quote: “with about $26.6 billion of expected contract value”