Hut 8 Reports First Quarter 2025 Results

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 ...