Development pipeline utility capacity
Company: Hut 8
The claim, verbatim
Hut 8 is advancing commercialization of 1,230 MW of utility capacity under development across multiple sites in its development pipeline, including Site 02 (Texas, 1,000 MW), Site 03 (Texas, 180 MW), and Site 04 (Illinois, 50 MW).
Source (primary)
Hut 8 10-K filed 2026-02-25 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “In addition, we continue to advance the commercialization of 1,230 MW of utility capacity under development across multiple sites in our development pipeline.”
How we checked this
Checked on September 16, 2026. The cited source supports every part of this claim.
The filing states the 1,230 MW figure, and its table of assets under development lists Site 02 (Texas, 1,000 MW), Site 03 (Texas, 180 MW) and Site 04 (Illinois, 50 MW).
Confirmed in the source:
- Hut 8 continues to advance commercialization of 1,230 MW of utility capacity under development across multiple sites in its development pipeline
- Site 02 in Texas is listed at 1,000 MW of total utility capacity in the development stage
- Site 03 in Texas is listed at 180 MW of total utility capacity in the development stage
- Site 04 in Illinois is listed at 50 MW of total utility capacity in the development stage
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1964789/000110465926019392/hut-20251231x10k.htm) in full (639,413 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Hut 8 10-K filed 2026-02-25
Quote: “In addition, we continue to advance the commercialization of 1,230 MW of utility capacity under development across multiple sites in our development pipeline.”