NextEra Energy Joint Venture
Company: Hut 8 - Project: King Mountain
The claim, verbatim
USBTC holds 50% membership interest in TZRC LLC joint venture with NextEra Energy operating King Mountain, Texas mining site.
Source (primary)
Hut 8 S-4/A filed 2023-11-06 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “the joint venture entity in which USBTC has a 50% membership interest alongside NextEra Energy, Inc. ("NextEra")”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The filing describes TZRC LLC as the joint venture in which USBTC has a 50% membership interest alongside NextEra. It also says the King Mountain JV's mining operations are located in King Mountain, Texas.
Confirmed in the source:
- USBTC holds a 50% membership interest in TZRC LLC
- TZRC LLC is a joint venture with NextEra Energy, Inc.
- The joint venture's mining operations are at King Mountain, Texas
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1964789/000110465923114442/tm235928-30_s4a.htm) in full (1,253,224 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Hut 8 S-4/A filed 2023-11-06
Quote: “the joint venture entity in which USBTC has a 50% membership interest alongside NextEra Energy, Inc. ("NextEra")”