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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

Attempted on September 14, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of the publisher (https://247wallst.com/investing/2026/08/21/hut-8-craters-11-despite-a-19-6b-beacon-point-backlog-terawulf-falls-5-iren-drops-3-whats-pressuring-these-ai-miner-stocks/) in full (13,254 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? - 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 ↗