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XLM $0.1839 -1.11%
ZEC $520.90 -0.86%

Bitcoin mining company Hut 8 released its Q2 financial report: revenue of $41.3 million, Bitcoin reserves exceeded 10,000 coins

2025-08-07 19:36:13
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ChainCatcher news, according to GlobeNewswire, Nasdaq-listed Bitcoin mining company Hut 8 has released its financial performance report for the second quarter, disclosing that the company's revenue reached $41.3 million, net income was $137.5 million, and strategic Bitcoin reserves expanded to 10,667 coins, with a holding market value of $1.1 billion as of June 30, 2025.

In the second quarter, Bitcoin mining, GPU as a service, and data center cloud operations generated $34.3 million in revenue, and in collaboration with American Bitcoin, began offering ASIC hosting services with a capacity exceeding 130 MW.

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