Hut 8 reports Q4 net income $152M on $31.7M revenue; full year adj. EBITDA $555.7M

Hut 8 Corp.

Full year 2024 revenue $162.4M (up from $96M), net income $331.4M (up from $21.9M).
Q4 revenue $31.7M (down from $38.9M), net income $152.0M (up from $10.6M) driven by $308.2M gain on digital assets.
Cost to mine a Bitcoin in Q4 rose to $37,958 from $17,171; Bitcoin mined 236 vs 852.
Strategic Bitcoin reserve 10,171 BTC valued at $949.5M; development pipeline 12,300 MW with 2,800 MW under exclusivity.
BITMAIN colocation contract expected ~$125M annualized revenue upon full ramp; purchase option for 15 EH/s miners.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.