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Hut 8 Corp delivered $41.3M in revenue and $137.5M in net income driven by robust compute segment performance, favorable digital asset gains, and expanded long-term energy contracts.
Revenue increased to $41.3M driven by a 117% year-over-year growth in Compute segment.
Net income of $137.5M included $217.6M in gains on digital assets.
Energy capacity under management commercialized under long-term contracts rose to nearly 90%.
Strategic Bitcoin reserve expanded to 10,667 BTC with a market value of $1.1B.
No forward guidance provided in the report.