---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-055894"
form_type: "8-K"
ticker: "HUT"
cik: "0001964789"
company_name: "Hut 8 Corp."
filed_at: "2026-05-06T23:59:59+00:00"
generated_at: "2026-05-14T22:56:54.999132+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-26-055894
- form_type: 8-K
- ticker: HUT
- cik: 0001964789
- company_name: Hut 8 Corp.
- filed_at: 2026-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1964789/000110465926055894/0001104659-26-055894-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1964789/000110465926055894/hut-20260506x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-055894
- JSON: https://secwatch.observer/filing/0001104659-26-055894.json
- Plain text: https://secwatch.observer/filing/0001104659-26-055894.txt

## Source-grounded claims
- claim_id: 906bd94721d465ec730e1fb54651dc2acb6b8ea8
  claim: Hut 8 Corp. reported financial results for the first quarter of 2026.
  evidence_excerpt: Hut 8 Corp. issued a press release announcing its financial results for the three months ended March 31, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1964789/000110465926055894/0001104659-26-055894-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.