---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-011970"
form_type: "8-K"
ticker: "HUT"
cik: "0001964789"
company_name: "Hut 8 Corp."
filed_at: "2024-08-13T23:59:59+00:00"
generated_at: "2026-05-31T09:52:00.521863+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hut 8 Q2 revenue $35.2M, net loss $71.9M; mined 279 Bitcoin; 9,102 Bitcoin held; $150M Coatue investment closed

## Summary
- Revenue $35.2M (+72% YoY); net loss $71.9M including $71.8M digital assets fair value adjustment.
- Mined 279 Bitcoin (down 62% YoY due to halving); weighted avg cost per Bitcoin $26,232.
- Bitcoin holdings 9,102 valued at ~$570.5M as of June 30, 2024.
- Closed $150M strategic investment from Coatue for AI infrastructure partnership.
- Digital Assets Mining gross margin improved to 46% (from 34%); energy cost per MWh fell to $31.71.

## SEC filing metadata
- accession: 0001558370-24-011970
- form_type: 8-K
- ticker: HUT
- cik: 0001964789
- company_name: Hut 8 Corp.
- filed_at: 2024-08-13T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1964789/000155837024011970/0001558370-24-011970-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1964789/000155837024011970/hut-20240813x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-011970
- JSON: https://secwatch.observer/filing/0001558370-24-011970.json
- Plain text: https://secwatch.observer/filing/0001558370-24-011970.txt

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