Hut 8 Financial Report: Cash and Bitcoin Holdings Reach Approximately $1.4 Billion

Odaily News: Nasdaq-listed Bitcoin mining company Hut 8 released its full-year 2025 financial performance report. The report disclosed that the company generated $9.6 million in revenue from hosting services in the 2025 fiscal year. As of December 31, 2025, it holds approximately $1.4 billion in cash and Bitcoin reserves. Concurrently, Hut 8 has initiated a $1 billion ATM (at-the-market) equity offering program and has entered into revolving credit agreements with Two Prime and Coinbase, with a maximum borrowing capacity of $400 million. Hut 8 stated that its revenue for the twelve months ended December 31, 2025, reached $235.1 million, compared to $162.4 million in the same period the previous year. The net loss was $248 million, compared to a net profit of $331.4 million in the same period last year. (PRNewswire)