earnings
confidence high
sentiment positive
materiality 0.80
Hut 8 reports Q2 2025: revenue $41.3M, net income $137.5M, adjusted EBITDA $221.2M
Hut 8 Corp.
2025-Q2 EPS reported
$0.03
revenue$63,114,000
- Revenue $41.3M (up from $35.2M YoY); net income $137.5M vs loss $72.2M; Adjusted EBITDA $221.2M vs loss $57.5M.
- Strategic Bitcoin reserve of 10,667 BTC ($1.1B market value as of June 30, 2025), up from 9,102 BTC a year ago.
- Expanded Coinbase credit facility to $130M, maturity extended to June 2026, fixed rate 9.0% vs prior floating 10.5-11.5%.
- American Bitcoin go-public with Gryphon Digital (GRYP) expected as ABTC; oversubscribed private placement raised ~$220M.
- Secured five-year IESO contracts for 310 MW of power generation; began managed services for 130+ MW with American Bitcoin.
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