Total contracted IT capacity across River Bend and Beacon Point
Company: Hut 8
The claim, verbatim
Hut 8 has 949 MW of contracted information technology capacity across River Bend and Beacon Point
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: “Overall, Hut 8 has now reported 949 MW of contracted information technology capacity across River Bend and Beacon Point.”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The article states Hut 8 has reported 949 MW of contracted IT capacity across the two projects.
Confirmed in the source:
- Hut 8 has 949 MW of contracted information technology capacity across River Bend and Beacon Point
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: “Overall, Hut 8 has now reported 949 MW of contracted information technology capacity across River Bend and Beacon Point.”