Expected aggregate base-term contract value
Company: Hut 8 - Project: River Bend
The claim, verbatim
Expected aggregate base-term contract value for contracted AI data center capacity is approximately $26.6 billion
Source (primary)
Hut 8 Craters 11% Despite a $19.6B Beacon Point Backlog, TeraWulf Falls 5%, IREN Drops 3%: What’s Pressuring These AI Miner Stocks? - Yahoo Finance (-, news_article)
View cached copy (2026-08-31)Live source ↗Archive.org ↗
Quote: “representing approximately $26.6 billion of expected aggregate base-term contract value”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The article reports that on the August 4 call, Hut 8's CEO said contracted AI data center capacity across Beacon Point and River Bend, about 949 megawatts, represents approximately $26.6 billion of expected aggregate base-term contract value.
Confirmed in the source:
- Hut 8's expected aggregate base-term contract value for its contracted AI data center capacity is approximately $26.6 billion
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/hut-8-craters-11-despite-161048777.html) in full (11,389 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Hut 8 Craters 11% Despite a $19.6B Beacon Point Backlog, TeraWulf Falls 5%, IREN Drops 3%: What’s Pressuring These AI Miner Stocks? - Yahoo Finance
Quote: “representing approximately $26.6 billion of expected aggregate base-term contract value”
confirms Dan Loeb’s Third Point Increased Its Reported Hut 8 Stake and Disclosed Riot Debt Exposure - Yahoo Finance
Quote: “Hut 8's August 4 update reported 949 megawatts of contracted IT capacity, approximately $26.6 billion of expected aggregate base-term contract value”