Hut 8 Corp. reported strong financial results for Q2 2025 with revenue of $41.3 million, net income of $137.5 million, and Adjusted EBITDA of $221.2 million. The company manages 1,020 MW of energy capacity and has a Bitcoin reserve of 10,667 Bitcoin worth $1.1 billion. Hut 8 focuses on power, digital infrastructure, and compute to fuel Bitcoin mining and high-performance computing.

The company celebrated strategic wins in Power and Digital Infrastructure segments, increasing the share of energy capacity managed under long-term agreements to nearly 90%. Hut 8’s restructuring and launch of American Bitcoin are key milestones. The company secured five-year capacity contracts with IESO for 310 MW, advanced AI data center development, and commercialized Vega with BITMAIN.

Hut 8 generated $5.5 million in Power revenue, $1.5 million in Digital Infrastructure revenue, and $34.3 million in Compute revenue in Q2 2025. The company completed the initial energization of Vega and commenced ASIC Colocation services with American Bitcoin. Additionally, a go-public transaction for American Bitcoin was announced.

Adjusted EBITDA for Q2 2025 was $221.2 million, a significant improvement from the prior year period. Financial results showed net income of $137.5 million and revenue of $41.3 million. The company expanded its Bitcoin reserve to 10,667 Bitcoin with a market value of $1.1 billion as of June 30, 2025. Hut 8 continues to focus on innovation and execution in the energy infrastructure sector.

Read more at GlobeNewswire: Hut 8 Reports Second Quarter 2025 Results