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Total contracted AI data center capacity and expected value

Company: Hut 8 - Project: River Bend

Subject kind
facility capacity
Statement date
2026-08-04
Promised amount
26.6 USD
Current status
stated

The claim, verbatim

Total contracted AI data center capacity across Beacon Point and River Bend is 949 megawatts, representing approximately $26.6 billion of expected aggregate base-term contract value

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? - 24/7 Wall St. (-, news_article)
View cached copy (2026-08-31)Live source ↗

Quote: “total contracted AI data center capacity across Beacon Point and River Bend is roughly 949 megawatts, representing approximately $26.6 billion of expected aggregate base-term contract value”

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 Hut 8 Craters 11% Despite a $19.6B Beacon Point Backlog, TeraWulf Falls 5%, IREN Drops 3%: What's Pressuring These AI Miner Stocks? - 24/7 Wall St.

Quote: “total contracted AI data center capacity across Beacon Point and River Bend is roughly 949 megawatts, representing approximately $26.6 billion of expected aggregate base-term contract value”

View cached copy (2026-08-31)Live source ↗