River Bend lease with Fluidstack
Company: Hut 8 - Project: River Bend
The claim, verbatim
Hut 8 signed a 15-year lease with Fluidstack for 245 megawatts at River Bend valued at $7 billion, with Google providing financial backing.
Source (primary)
Anthropic’s $35B Lambda Deal Connects Nvidia to Hut 8’s Texas AI Data Center - TheEnergyMag (-, news_article)
View cached copy (2026-09-01)Live source ↗
Quote: “Hut 8 signed a 15-year, $7 billion lease with Fluidstack there for 245 megawatts, with Google providing a financial backstop.”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The article describes a 15-year, $7 billion, 245-megawatt lease with Fluidstack at River Bend, with Google providing a financial backstop.
Confirmed in the source:
- Hut 8 signed a lease with Fluidstack at River Bend
- The lease term is 15 years
- The lease covers 245 megawatts
- The lease is valued at $7 billion
- Google provides a financial backstop
What we did: Read our cached copy of the publisher (https://theminermag.com/news/market-news/anthropic-lambda-nvidia-hut-ai-texas-beacon-point) in full (5,705 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Anthropic’s $35B Lambda Deal Connects Nvidia to Hut 8’s Texas AI Data Center - TheEnergyMag
Quote: “Hut 8 signed a 15-year, $7 billion lease with Fluidstack there for 245 megawatts, with Google providing a financial backstop.”
confirms Anthropic’s $35B Lambda Deal Connects Nvidia to Hut 8’s Texas AI Data Center - TheEnergyMag
Quote: “Hut 8 signed a 15-year, $7 billion lease with Fluidstack there for 245 megawatts”