Wu said that Bitcoin mining company Hut 8 announced it has signed a 15-year long-term lease agreement worth approximately 7 billion dollars with Fluidstack, to provide 245 megawatts (MW) of IT computing capacity at its River Bend data center park. According to the agreement, Fluidstack also obtains a right of first offer (ROFO) to lease up to an additional 1000 MW of IT computing capacity in future expansion phases of the park, subject to power conditions.