Annual net operating income from three announced projects
Company: Hut 8
The claim, verbatim
Three announced projects will contribute an additional $1.75 billion in annual net operating income
Source (primary)
AI compute is 'critical infrastructure' like railroads & steel: Hut 8 CEO - Yahoo Finance (-, news_article)
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Quote: “the three projects we've announced thus far will bring an additional $1.75 billion a year in NOI”
How we checked this
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Additional evidence
confirms AI compute is 'critical infrastructure' like railroads & steel: Hut 8 CEO - Yahoo Finance
Quote: “the three projects we've announced thus far will bring an additional $1.75 billion a year in NOI”