Hut 8 Announces Q2 Results: Strategic Bitcoin Reserves Reach 10,667
2025-08-07 11:18:47
Nasdaq-listed bitcoin miner Hut 8 released its second-quarter financial results, revealing that the company's revenue hit $41.30 million, net income was $137.50 million, strategic bitcoin reserves expanded to 10,667, and the market value of its holdings as of June 30, 2025 reached $1.10 billion. In the second quarter, bitcoin mining, GPU-as-a-service and data center cloud operations generated $34.30 million in revenue, and began to provide ASIC colocation services with a capacity of more than 130 MW in cooperation with American Bitcoin.
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