Hut 8 Reports Third Quarter 2024 Results

Earnings Release Highlights Revenue of $43.7 million, net income of$0.9 million, and Adjusted EBITDA of $5.6 million Energy cost per MWh of$28.83, a 33% decrease from $42.73 in the prior year period Mined 234 Bitcoin at a weighted average revenue per Bitcoin mined of$61,025, compared to a cost to mine of $31,482 9,106 Bitcoin held in reserve with a market value of$576.5 million and total cash of $72.9 million as of September 30, 2024 MIAMI, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HU ...