245 MW Louisiana data center with Fluidstack
Company: Hut 8 - Project: River Bend
The claim, verbatim
Hut 8 signed a 15-year, $7 billion lease with Fluidstack to develop 245 MW of AI data-center capacity at its River Bend campus in Louisiana, with first data halls expected online in Q2 2027.
Source (primary)
Why Is HUT Stock Rising Nearly 5% In Overnight Trading? - stocktwits.com (-, news_article)
View cached copy (2026-09-01)Live source ↗
Quote: “In Dec. 2025, Hut 8 signed a 15-year, $7 billion lease with Fluidstack to develop 245 MW of AI data-center capacity at its River Bend campus in Louisiana... with the first data halls expected to come online in Q2 2027.”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The article states that in December 2025 Hut 8 signed a 15-year, $7 billion lease with Fluidstack for 245 MW at River Bend, Louisiana. It gives Q2 2027 as the expected date for the first data halls.
Confirmed in the source:
- Hut 8 signed a 15-year lease with Fluidstack
- The lease is worth $7 billion
- The lease covers 245 MW of AI data-center capacity
- The capacity is at Hut 8's River Bend campus in Louisiana
- The first data halls are expected online in Q2 2027
What we did: Read our cached copy of the publisher (https://stocktwits.com/news-articles/markets/equity/why-is-hut-stock-rising-nearly-5-in-overnight-trading/cZsocQzRJt5) in full (5,828 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Why Is HUT Stock Rising Nearly 5% In Overnight Trading? - stocktwits.com
Quote: “In Dec. 2025, Hut 8 signed a 15-year, $7 billion lease with Fluidstack to develop 245 MW of AI data-center capacity at its River Bend campus in Louisiana... with the first data halls expected to come online in Q2 2027.”