River Bend 15-year capacity lease with Fluidstack
Company: Hut 8 - Project: River Bend
The claim, verbatim
Hut 8 signed a 15-year lease with Fluidstack for 245 MW of capacity valued at $7 billion
Source (primary)
Coatue Management Bought 9.72 Million Shares of Hut 8 in Q2. How to Play HUT Stock Now. - Barchart.com (-, news_article)
View cached copy (2026-08-31)Live source ↗Archive.org ↗
Quote: “Similarly, for River Bend, the company has signed a 15-year 245 MW lease with AI infrastructure company Fluidstack for a total value of $7 billion.”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The article says Hut 8 signed a 15-year, 245 MW lease with Fluidstack for River Bend with a total value of $7 billion.
Confirmed in the source:
- Hut 8 signed a 15-year lease with Fluidstack
- The lease covers 245 MW of capacity
- The lease has a total value of $7 billion
- The lease relates to the River Bend project
What we did: Read our cached copy of the publisher (https://www.barchart.com/story/news/3975219/coatue-management-bought-9-72-million-shares-of-hut-8-in-q2-how-to-play-hut-stock-now) in full (28,032 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Coatue Management Bought 9.72 Million Shares of Hut 8 in Q2. How to Play HUT Stock Now. - Barchart.com
Quote: “Similarly, for River Bend, the company has signed a 15-year 245 MW lease with AI infrastructure company Fluidstack for a total value of $7 billion.”