700 MW Texas campus leased to high-investment-grade company

Subject kind: facility capacity
Statement date: 2026-08-31
Promised amount: 700.0 MW
Current status: stated

The claim, verbatim

A high-investment-grade company signed 15-year leases for Hut 8's entire 700-megawatt Texas campus, designed to support Nvidia chips

Source (primary)

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

Quote: “Hut 8 said that a 'high-investment-grade company' had signed 15-year leases for its entire 700-megawatt Texas campus. The company said that the $20 billion facility would be designed to support Nvidia chips”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

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

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

Record of changes

September 1, 2026 — statedlater found incorrect

Automated extraction from the cited source. ~~Recorded automatically from the cited source when it was published, then queued for evidence review.~~

September 2, 2026 — withdrawnlater found incorrect

Evidence review against the cited source. The source confirms Hut 8 is developing a Texas data center for Nvidia/Anthropic but contains no mention of 15-year leases, 700-megawatt capacity, $20 billion facility cost, or 'high-investment-grade company' designation.

September 2, 2026 — stated

Correction after re-verification. Re-verification found the cited source does support this claim. The earlier withdrawal was made in error and has been reversed. The source fully supports the claim, but the attributed quote stitches two sentences and silently drops the clause "without naming the tenant," so it is not verbatim contiguous text.