Core Insights - Pizza Hut has launched a limited-time lineup called Hut Lover's Pizzas, featuring four pizzas priced at $12.99 each, aimed at providing more toppings and flavors for less money [1][4] - The new Spicy Hawaiian Lover's Pizza is highlighted as a key offering, combining spicy marinara, ham, bacon, pineapple, jalapeño, and red chili flakes, catering to the 38% of pizza fans who favor pineapple as a topping [2][4] Product Details - The Hut Lover's lineup includes four iconic pizzas: Spicy Hawaiian Lover's, Meat Lover's, Pepperoni Lover's, and Veggie Lover's [6] - The Spicy Hawaiian Lover's Pizza is positioned as a bold new recipe that delivers a sweet-and-spicy flavor profile [2][4] Marketing Strategy - Pizza Hut's new campaign emphasizes love and connection, using a wedding theme to resonate with consumers and highlight the brand's commitment to delivering legendary pizza at an unbeatable price [3][4] - The campaign aims to enhance customer engagement by associating the product with memorable moments and good times [4] Company Background - Pizza Hut, a subsidiary of Yum! Brands, operates nearly 20,000 restaurants in over 110 markets, known for its innovative pizza offerings [5] - The brand has a strong digital presence, with over half of its transactions coming from digital orders, and runs a loyalty program called Hut Rewards [5]

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Core Viewpoint - Hut 8 Corp. announced a merger agreement for its subsidiary American Bitcoin to go public with Gryphon Digital Mining, aiming to enhance capital markets access and growth potential [1][3]. Company Overview - Hut 8 Corp. operates as an energy infrastructure platform focused on Bitcoin mining and high-performance computing, managing 1,020 megawatts of energy capacity across 15 sites in the U.S. and Canada [7]. - American Bitcoin is a majority-owned subsidiary of Hut 8, dedicated to building Bitcoin infrastructure and leveraging Hut 8's mining operations and capital allocation strategies [8]. Transaction Details - The merger will result in the combined entity operating under the American Bitcoin brand, with a board led by Mike Ho and a management team that includes Eric Trump [2]. - Upon completion, existing stockholders of American Bitcoin will own approximately 98% of the combined company, which is expected to trade on Nasdaq under the ticker symbol "ABTC" [3][2]. - The transaction is anticipated to close as early as Q3 2025 [2]. Strategic Implications - The merger is positioned as a strategic move to scale American Bitcoin as a vehicle for low-cost Bitcoin accumulation, providing direct access to growth capital independent of Hut 8's balance sheet [3]. - Hut 8 will continue to serve as the exclusive infrastructure and operations partner for American Bitcoin, ensuring stable revenue streams through long-term commercial agreements [4].

Mandela has been a cryptocurrency enthusiast and trader since 2017. He loves coding and writing about cryptocurrencies and crypto investment strategies. He has an in-depth understanding of distributed ledger technology, the Web3 technology stack, and crypto investing. He enjoys researching and analyzing cryptocurrency projects, Web3 trends, and security tokens (digital securities). He is also a contributing writer for Seeking Alpha analyst James Foord.Analyst’s Disclosure: I/we have a beneficial long positi ...

Financial Data and Key Metrics Changes - Revenue for Q1 2025 was $21.8 million, down from $51.7 million in the prior year, primarily due to planned downtime for fleet upgrades and increased network difficulty following the April 2024 halving [20][21] - Net loss for the quarter was $134.3 million compared to net income of $250.7 million in the prior year, with adjusted EBITDA at negative $117.7 million, down from $297 million [21] - Energy costs per megawatt hour rose to $51.71 from $40.06 in the prior year, driven by fixed transmission and distribution charges [22] Business Line Data and Key Metrics Changes - Power segment revenue declined from $9.9 million to $4.4 million year over year, primarily due to a reduction in managed services revenue [39] - Digital Infrastructure segment revenue decreased from $5.8 million to $1.3 million, impacted by the termination of the ASIC colocation agreement with Ionic Digital [39] - Compute segment revenue fell from $32.1 million to $16.1 million, reflecting planned downtime and sector-wide headwinds [40] Market Data and Key Metrics Changes - As of March 31, 2025, the power origination pipeline expanded to approximately 10,800 megawatts, with about 2,600 megawatts under exclusivity [12] - The price of Bitcoin decreased from approximately $93,000 at the end of 2024 to $82,500 by March 31, 2025, affecting the company's financial results [21] Company Strategy and Development Direction - The company is focused on building an integrated energy infrastructure platform, emphasizing a power-first strategy to enhance capital efficiency and value creation [11][30] - The launch of American Bitcoin is seen as a pivotal shift, streamlining capital allocation and enhancing cash flow predictability [30][34] - The company aims to leverage its power assets for Bitcoin mining while also exploring opportunities in high-performance computing and digital infrastructure [31][34] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the transitional cost pressures due to investments and external headwinds but expressed confidence in the long-term benefits of their strategic initiatives [22][24] - The company anticipates a significant improvement in mining economics beginning in Q2 2025 following the completion of fleet upgrades [22][24] - Management remains optimistic about the demand for their services and the potential for future growth in the energy and technology sectors [31][34] Other Important Information - The company ended the quarter with 10,264 Bitcoin held in reserve, valued at approximately $847.2 million [23][45] - A total of $63.3 million was invested in property and equipment during the quarter, focusing on fleet upgrades and infrastructure projects [25][44] Q&A Session Summary Question: Update on Riverbend project - Management confirmed that initial site work has begun on the Riverbend campus, which spans 592 acres in Louisiana, and emphasized the importance of ensuring capital deployed is recoupable [49][52] Question: Logic behind colocation agreement with American Bitcoin - The colocation agreement is structured to achieve a payback equivalent to the depreciation cycle of the miners hosted, with additional revenue streams from managed services and shared services agreements [54][56] Question: Considerations for Vega's cooling architecture - The proprietary liquid cooling system at Vega is designed to enhance efficiency and longevity of ASICs, with potential applications for GPUs and high-performance computing [61][63] Question: HPC customer conversations and JV potential - Management indicated ongoing discussions with potential customers and emphasized a focus on securing definitive agreements rather than sharing letters of intent [73][75] Question: Decline in power under exclusivity - The decline in power under exclusivity was attributed to a more focused approach in vetting projects, ensuring that only the most promising sites are pursued [82][85] Question: HODL strategy for Bitcoin on balance sheet - The company views its Bitcoin holdings as investable capital, with plans to utilize it for funding growth opportunities as they arise [87][88]

Financial Data and Key Metrics Changes - Revenue for the quarter was $21.8 million, down from $51.7 million in the prior year, primarily due to planned downtime and top-line pressure from the April 2024 halving [18][20] - Net loss for the quarter was $134.3 million compared to net income of $250.7 million in the prior year [20] - Adjusted EBITDA was negative $117.7 million, down from $297 million [20] - Energy costs per megawatt hour rose to $51.71 from $40.06 in the prior year [21][22] - The company ended the quarter with 10,264 Bitcoin held in reserve, valued at $847.2 million [22][46] Business Line Data and Key Metrics Changes - Power segment revenue declined from $9.9 million to $4.4 million, driven by a reduction in managed services revenue [39] - Digital Infrastructure segment revenue fell from $5.8 million to $1.3 million, primarily due to the termination of an ASIC colocation agreement [39] - Compute segment revenue decreased from $32.1 million to $16.1 million, reflecting planned downtime and increased network difficulty [40] Market Data and Key Metrics Changes - As of March 31, 2025, the power origination pipeline expanded to approximately 10,800 megawatts, with about 2,600 megawatts under exclusivity [11] - The price of Bitcoin declined from approximately $93,000 as of December 31, 2024, to $82,500 as of March 31, 2025 [20] Company Strategy and Development Direction - The company is focused on building an integrated energy infrastructure platform, emphasizing a power-first strategy [9][28] - The launch of American Bitcoin aims to streamline capital allocation and enhance cash flow predictability [29][30] - Investments in infrastructure, including the Vega Data Center and Riverbend site, are expected to drive sustained margin expansion and capital productivity [24][31] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the transitional cost pressures and external headwinds but expressed confidence in the long-term value creation from recent investments [21][27] - The company anticipates a step change improvement in mining economics beginning in the second quarter following the fleet upgrade [21][24] - Management highlighted the importance of strategic partnerships and the ability to monetize power assets through mining [28][57] Other Important Information - The company executed a fleet upgrade, increasing deployed hash rate to 9.3 exahash with an average efficiency of approximately 20 joules per terahash [24][40] - A proprietary direct-to-chip liquid cooling system is being developed to enhance operational efficiency and reliability [25][67] Q&A Session Summary Question: Update on Riverbend project - Management confirmed initial site work has begun on the Riverbend campus, which includes civil work and substation development [52][54] Question: Logic of colocation agreement with American Bitcoin - The colocation agreement is structured to achieve a payback equivalent to the depreciation cycle of the miners hosted [55] Question: HPC customer conversations and JV potential - Management noted increasing interest in customer contracts and definitive agreements, with a focus on larger announcements rather than small milestones [78] Question: Decline in power under diligence and exclusivity - The decline is attributed to a focus on high-potential projects and a filtering of less promising sites [86] Question: HODL strategy for Bitcoin on the balance sheet - The company aims to use Bitcoin on its balance sheet as investable capital while maintaining exposure to Bitcoin upside through American Bitcoin [90]

Cautionary Note Regarding Forward–Looking Information This presentation includes "forward-looking information" and "forward-looking statements" within the meaning of Canadian securities laws and United States securities laws, respectively (collectively, "forward looking information"). All information, other than statements of historical facts, included in this presentation that address activities, events or developments Hut 8 Corp. ("Hut 8" or the "Company") expects or anticipates will or may occur in the f ...

ASIC fleet upgrade drives 79% increase in hashrate and 37% improvement in fleet efficiency quarter-over-quarter Launch of American Bitcoin accelerates Hut 8’s evolution as an integrated energy infrastructure platform Earnings Release Highlights Revenue of $21.8 million, net loss of $134.3 million, and Adjusted EBITDA of ($117.7) million.Total energy capacity under management of 1,020 megawatts (“MW”) as of March 31, 2025.~10,800 MW development pipeline with ~2,600 MW of capacity under exclusivity as of Mar ...

Hut 8 Corp. (HUT) is scheduled to release first-quarter 2025 results on May 8.The Zacks Consensus Estimate for first-quarter is pegged at loss of 20 cents per share, unchanged over the past 30 days, indicating a 17.65% year-over-year decline.The Zacks Consensus Estimate for revenues is pegged at $33.6 million, indicating a year-over-year decrease of 35.06%. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)Let us see how things have shaped up for the upcoming announcement.Key Factors ...

金十数据4月22日讯，Coinbase Global上涨3.8%，Bitfarms上涨5.2%。Riot Platforms上涨7.2%，Hut 8上 涨6.9%，Mara Holdings上涨7.3%。ProShares比特币策略ETF上涨2.7%，Ishares比特币信托上涨2.8%。 比特币触及七周高点，加密货币相关股上涨 ...