Correction: City sells land parcels to Hut 8, doesn’t buy them

By MEDICINE HAT NEWS on October 10, 2024.

news@medicinehatnews.com

A story in Wednesday’s edition of the News, ‘Council OKs city manager legal fees, buys part of Hut 8 site,’ erroneously reported that the city was buying land at the Hut 8 site in Medicine Hat. In fact, council approved to sell two parcels of land to the crypto-mining firm.

Council voted Monday to enter into a real-estate purchase contact with Hut 8 for a total purchase price of $600,000, or $300,000 for each parcel of land approximately 11 acres in size.

Hut 8 has been developing the land, located at 5254 Box Springs Rd., which it has leased since 2018.

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