Mining company Hut8 releases Q4 2025 and full-year results: turning from profit to loss, net loss of $248 million

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On February 25, Hut8, a mining company, released its Q4 and full-year 2025 performance reports. In fiscal year 2025, it generated $9.6 million in revenue from custodial services, and as of December 31, 2025, it held approximately $1.4 billion in cash and Bitcoin reserves. The company also launched a $1 billion ATM financing plan and signed revolving credit agreements with Two Prime and CEX, with a maximum borrowing limit of $400 million. Hut8 stated that, over the twelve months ending December 31, 2025, revenue reached $235.1 million, up from $162.4 million in the same period last year; net loss was $248 million, compared to a net profit of $331.4 million in the same period last year.

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