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River Bend behind-the-meter buildout

Company: Hut 8 - Project: River Bend

Subject kind
facility timeline
Statement date
2026-08-14
Promised by
2028-01-01
Current status
stated

The claim, verbatim

Hut 8 targeting behind-the-meter buildout at River Bend in Louisiana in 2028, utilizing approximately 1 GW bridge power until front-of-the-meter capacity available

Source (primary)

Hut 8 says Beacon Point may be among 23 Texas projects cleared for review: Needham - Yahoo Finance (-, news_article)
View cached copy (2026-08-31)Live source ↗

Quote: “Needham said Hut 8 is targeting a behind-the-meter buildout in 2028, using roughly 1 GW of bridge power until front-of-the-meter capacity becomes available.”

How we checked this

Checked on September 19, 2026. The cited source supports every part of this claim.

The document states the River Bend Louisiana 2028 behind-the-meter plan and ~1 GW bridge power.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://finance.yahoo.com/technology/ai/articles/hut-8-says-beacon-point-132234125.html) in full (9,794 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Hut 8 says Beacon Point may be among 23 Texas projects cleared for review: Needham - Yahoo Finance

Quote: “Needham said Hut 8 is targeting a behind-the-meter buildout in 2028, using roughly 1 GW of bridge power until front-of-the-meter capacity becomes available.”

View cached copy (2026-08-31)Live source ↗