{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-25-006847","form_type":"8-K","ticker":"HUT","cik":"0001964789","company_name":"Hut 8 Corp.","filed_at":"2025-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.585091+00:00","generated_at":"2026-05-22T05:47:36.321661+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Hut 8 Q1 revenue $21.8M, net loss $134.3M; launches American Bitcoin subsidiary","bullets":["Revenue $21.8M, net loss $134.3M, Adjusted EBITDA ($117.7M); prior-year net income was $250.7M.","ASIC fleet upgrade completed: hashrate 9.3 EH/s, efficiency ~20 J/TH (79% hashrate increase QoQ).","Launched American Bitcoin, a majority-owned subsidiary focused on industrial mining, via ASIC contribution.","Bitcoin reserve 10,264 BTC valued at $847.2M; cost to mine a Bitcoin $58,757.","$275.5M net proceeds from ATM program, selling 9.8M shares at $28.23/sh."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-25-006847","json":"https://secwatch.observer/filing/0001558370-25-006847.json","markdown":"https://secwatch.observer/filing/0001558370-25-006847.md","text":"https://secwatch.observer/filing/0001558370-25-006847.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1964789/000155837025006847/0001558370-25-006847-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1964789/000155837025006847/hut-20250508x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T05:47:36.321661+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}