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Hut 8 Corp HUT

Alternate Symbol(s):  T.HUT

Financial Services Cryptocurrency
Hut 8 Corp. is an energy infrastructure platform. The Company's segments include Power, Digital Infrastructure, Compute, and Other. The Company's Power segment acquires, develops, and manages critical energy assets such as interconnects, powered land, and other electrical infrastructure to address the load demands of energy-intensive applications such as Bitcoin mining and high-performance computing. Its Power segment consists of power generation and managed services. Its Digital Infrastructure segment consists of CPU Colocation and ASIC Colocation services. The Company's Compute segment consists of Bitcoin Mining, GPU-as-a-Service, and Data Center Cloud operations. The Company, through its subsidiary, American Bitcoin Corp., is focused exclusively on industrial-scale Bitcoin mining and strategic Bitcoin reserve development. The Company's platform spans approximately 1,020 megawatts of energy capacity under management across 15 sites in the United States and Canada.


NDAQ:HUT - Post by User

Hut 8 Corp
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  • PressReleaseX
Post by PressReleaseon May 08, 2025 6:30am
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Post# 36565377

New Press Release - Hut 8 Reports First Quarter 2025 Results

New Press Release - Hut 8 Reports First Quarter 2025 Results
ASIC fleet upgrade drives 79% increase in hashrate and 37% improvement in fleet efficiency quarter-over-quarterLaunch of American Bitcoin accelerates Hut 8’s evolution as an integrated energy infrastructure platform Earnings Release HighlightsRevenue of $21.8 million, net loss of $134.3 million...read article.
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