15-year $7 billion Fluidstack lease for River Bend
Company: Hut 8 - Project: River Bend
The claim, verbatim
Hut 8 signed a 15-year, $7 billion lease with Fluidstack for 245 megawatts of capacity at its River Bend campus in Louisiana
Source (primary)
Hut 8 stock is a winner in a new deal between Anthropic and Nvidia-backed Lambda - Yahoo Finance (-, news_article)
View cached copy (2026-09-04)Live source ↗
Quote: “The first blockbuster deal came in December 2025 when Hut 8 signed a 15-year, $7 billion lease with cloud infrastructure provider Fluidstack for 245 megawatts of capacity at its River Bend campus in Louisiana.”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The article states that Hut 8 signed a 15-year, $7 billion lease with Fluidstack for 245 megawatts at its River Bend campus in Louisiana.
Confirmed in the source:
- Hut 8 signed a lease with Fluidstack
- The lease term is 15 years
- The lease is worth $7 billion
- The lease covers 245 megawatts of capacity
- The capacity is at Hut 8's River Bend campus in Louisiana
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/article/hut-8-stock-is-a-winner-in-a-new-deal-between-anthropic-and-nvidia-backed-lambda-122511171.html) in full (10,288 characters, retrieved September 4, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Hut 8 stock is a winner in a new deal between Anthropic and Nvidia-backed Lambda - Yahoo Finance
Quote: “The first blockbuster deal came in December 2025 when Hut 8 signed a 15-year, $7 billion lease with cloud infrastructure provider Fluidstack for 245 megawatts of capacity at its River Bend campus in Louisiana.”