secwatch.observer — SEC 8-K summary
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Issuer:     Hut 8 Corp. (HUT)
CIK:        0001964789
Form:       8-K
Filed at:   2024-03-28T23:59:59+00:00
Accession:  0001558370-24-004154
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hut 8 reports revenue $60.6M, net income $6.2M for six months ended Dec 31, 2023
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- Revenue $60.6M (+32% YoY); Digital Assets Mining $41.5M, Managed Services $12.6M.
- Net income $6.2M vs net loss $81.3M; includes $32.6M fair value gain on Bitcoin.
- Adjusted EBITDA $62.3M, up 386% from $12.8M in prior period.
- Self-mined Bitcoin 9,195 at Dec 31, 2023 (market value $388M); cost to mine $16,353/coin.
- Operating portfolio 839 MW across 11 sites; self-mining hashrate 6.3 EH/s.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1964789/000155837024004154/0001558370-24-004154-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1964789/000155837024004154/hut-20240328x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-004154

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer