River Bend campus lease with Fluidstack, 245 MW, 15-year, $7B
Company: Hut 8 - Project: River Bend
The claim, verbatim
Hut 8 signed a 15-year, $7 billion lease with Fluidstack for 245 megawatts of capacity at its River Bend campus in Louisiana, effective December 2025
Source (primary)
Hut 8 stock is a winner in a new deal between Anthropic and Nvidia-backed Lambda - Yahoo! Finance Canada (-, news_article)
View cached copy (2026-09-02)Live source ↗Archive.org ↗
Quote: “The first blockbuster deal came in December 2025 when Hut 8 signed a 15-year, $7 billion lease with cloud infrastructure provider Fluidstack for 245 megawatts of capacity at its River Bend campus in Louisiana.”
How we checked this
Checked on September 17, 2026. The cited source supports part of this claim, but not all of it.
The article says the lease was signed in December 2025, but it does not say the lease took effect then. The lease terms, counterparty and capacity are all confirmed.
Confirmed in the source:
- Hut 8 signed a 15-year, $7 billion lease with Fluidstack
- The lease covers 245 megawatts of capacity at Hut 8's River Bend campus in Louisiana
- The lease was signed in December 2025
We could not confirm this from the cited source:
- The Fluidstack lease became effective in December 2025
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of the publisher (https://ca.finance.yahoo.com/news/hut-8-stock-is-a-winner-in-a-new-deal-between-anthropic-and-nvidia-backed-lambda-122511171.html) in full (6,072 characters, retrieved September 2, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Hut 8 stock is a winner in a new deal between Anthropic and Nvidia-backed Lambda - Yahoo! Finance Canada
Quote: “The first blockbuster deal came in December 2025 when Hut 8 signed a 15-year, $7 billion lease with cloud infrastructure provider Fluidstack for 245 megawatts of capacity at its River Bend campus in Louisiana.”