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245 MW Louisiana data center with Fluidstack

Company: Hut 8 - Project: River Bend

Subject kind
facility timeline
Statement date
2026-08-31
Promised by
2027-06-30
Promised amount
7000000000.0 USD
Current status
stated

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

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 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.”

View cached copy (2026-09-01)Live source ↗