Nasdaq-listed bitcoin miner Hut 8 released its 2025 Quarter 1 results report, which states:
Revenue of $21.80 million, net loss of $134.30 million, adjusted EBITDA of $117.70 million;
The strategic bitcoin reserve is expanded to 10,264 BTC, with a market capitalization of $847.20 million as of March 31, 2025.
3. Bitcoin mining, GPU-as-a-service and data center cloud operations generate $16.10 million in revenue.
Hut 8 Releases Q1 Results Report: Strategic Bitcoin Reserve Expands to 10,264 BTC
2025-05-08 12:07:33
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