From GlobeNewswire: 2025-04-04 17:30:00

Hut 8 Corp. reported a 102% increase in deployed hashrate from 4.6 EH/s in February 2025 to 9.3 EH/s by the end of March 2025. Fleet efficiency also improved by 31% to 20.1 J/TH. They launched American Bitcoin, a new mining entity in partnership with Eric Trump, marking a strategic shift in their platform strategy.

The transition to quarterly updates was announced as Hut 8 evolves its approach to reporting. The ASIC miners now operated for American Bitcoin generate revenue across Managed Services and ASIC Colocation. The company’s energy infrastructure platform spans 1,020 MW across 15 sites in the US and Canada, focusing on Bitcoin mining and high-performance computing.

The launch of American Bitcoin is a key milestone for Hut 8, emphasizing a power-first, innovation-driven approach to critical infrastructure. While forward-looking statements express optimism, the company acknowledges risks such as geopolitical events, competition, cybersecurity threats, and regulatory uncertainties. Quarterly and annual reports provide further details on these risks for investors.



Read more at GlobeNewswire:: Hut 8 Operations Update for March 2025