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$60 million PILOT payment in summer 2027

Company: Hut 8 - Project: River Bend

Subject kind
financing
Statement date
2026-09-07
Promised amount
60000000.0 USD
Current status
stated

The claim, verbatim

Hut 8 is expected to make a $60 million Payment In Lieu Of Taxes payment to West Feliciana Parish in summer 2027

Source (primary)

How Hut 8's $10 million pre-payment to West Feliciana Parish was spent - WBRZ (-, news_article)
View cached copy (2026-09-08)Live source ↗Archive.org ↗

Quote: “Parish President Kenny Havard says a $60 million payment is expected in the summer of next year”

How we checked this

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

The parish president is quoted expecting a $60 million payment summer of next year (2027), which the article frames as part of Hut 8's PILOT payments.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://www.wbrz.com/news/how-hut-8-s-10-million-pre-payment-to-west-feliciana-parish-was-spent/) in full (8,717 characters, retrieved September 8, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms How Hut 8's $10 million pre-payment to West Feliciana Parish was spent - WBRZ

Quote: “Parish President Kenny Havard says a $60 million payment is expected in the summer of next year”

View cached copy (2026-09-08)Live source ↗Archive.org ↗