Utility capacity supporting River Bend and Beacon Point
Company: Hut 8
The claim, verbatim
The River Bend and Beacon Point projects are supported by 1,330 MW of utility capacity
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: “The two projects are supported by 1,330 MW of utility capacity.”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The article states the two projects are supported by 1,330 MW of utility capacity.
Confirmed in the source:
- The River Bend and Beacon Point projects are supported by 1,330 MW of utility capacity
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: “The two projects are supported by 1,330 MW of utility capacity.”