$7.5B non-recourse project bonds
Company: Hut 8
The claim, verbatim
Hut 8 has secured $7.5 billion in non-recourse project-level bonds tied to projects including River Bend and Beacon Point Phase 1.
Source (primary)
Hut 8 details strategy shift to AI data center leases in Q3 call - Crypto Briefing (-, news_article)
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Quote: “The company has secured $7.5 billion in bonds tied to projects including River Bend and the first phase of Beacon Point. That debt is set up as non-recourse project-level financing.”
How we checked this
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Additional evidence
confirms Hut 8 details strategy shift to AI data center leases in Q3 call - Crypto Briefing
Quote: “The company has secured $7.5 billion in bonds tied to projects including River Bend and the first phase of Beacon Point. That debt is set up as non-recourse project-level financing.”