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15-year $7 billion lease with Fluidstack for 245 MW Louisiana data center

Company: Hut 8 - Project: River Bend

Subject kind
facility capacity
Statement date
2026-08-31
Promised by
2027-06-30
Promised amount
245.0 MW
Current status
stated

The claim, verbatim

Hut 8 signed a 15-year, $7 billion lease with Fluidstack to develop 245 MW of AI data-center capacity at its River Bend campus in Louisiana, with first data halls expected to come online in Q2 2027

Source (primary)

Why Is HUT Stock Rising Nearly 5% In Overnight Trading? - es.tradingview.com (-, news_article)
View cached copy (2026-09-01)Live source ↗

Quote: “Hut 8 signed a 15-year, $7 billion lease with Fluidstack to develop 245 MW of AI data-center capacity at its River Bend campus in Louisiana, with Google providing a revenue backstop. The infrastructure will support Anthropic's AI workloads, with the first data halls expected to come online in Q2 2027”

How we checked this

Attempted on September 15, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of the publisher (https://es.tradingview.com/news/stocktwits:071d68eef094b:0-why-is-hut-stock-rising-nearly-5-in-overnight-trading/) in full (6,205 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Why Is HUT Stock Rising Nearly 5% In Overnight Trading? - es.tradingview.com

Quote: “Hut 8 signed a 15-year, $7 billion lease with Fluidstack to develop 245 MW of AI data-center capacity at its River Bend campus in Louisiana, with Google providing a revenue backstop. The infrastructure will support Anthropic's AI workloads, with the first data halls expected to come online in Q2 2027”

View cached copy (2026-09-01)Live source ↗