Hut 8 Q1 rev $71M, net loss $253M; signs $9.8B hyperscale AI lease

Hut 8 Corp.

2026-Q1 EPS reported -$1.98 revenue$71,017,000

Revenue $71.0M ($21.8M prior year); net loss $253.1M includes $295.7M unrealized digital asset losses.
Signed 15-yr, 352 MW IT lease at Beacon Point, $9.8B base-term contract value, investment-grade tenant.
Closed $3.25B investment-grade senior secured notes (16.5-yr) for River Bend AI campus; non-recourse to Hut 8.
Refinanced $200M BTC credit facility to 7% from 9%, freeing ~3,300 BTC; cash+BTC ~$1.3B.
Development pipeline 8,375 MW; River Bend (330 MW) on track for Q2 2027 delivery.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Hut 8 Corp. reported financial results for the first quarter of 2026.

Period: the first quarter of 2026
Result: reported results

Exact text from the filing

Hut 8 Corp. issued a press release announcing its financial results for the three months ended March 31, 2026.

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Hut 8 Corp. filing history →

Source: SEC EDGAR

accession 0001104659-26-055894

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