Beacon Point phase 2 groundwater permit pending
Company: Hut 8
The claim, verbatim
The second phase of Hut 8's Beacon Point project awaits a groundwater permit from Texas regulators, and the timing of its issuance is uncertain.
Source (primary)
Riot is downgraded over its reliance on Anthropic as analysts cut Hut 8 and MARA targets - MLQ.ai (-, news_article)
View cached copy (2026-11-12)Live source ↗Archive.org ↗
Quote: “uncertainty over when Texas regulators will issue a groundwater permit for the second phase of its Beacon Point project”
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 Riot is downgraded over its reliance on Anthropic as analysts cut Hut 8 and MARA targets - MLQ.ai
Quote: “uncertainty over when Texas regulators will issue a groundwater permit for the second phase of its Beacon Point project”