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Hut 8 Financial Report: Cash and Bitcoin reserves total approximately $1.4 billion
Svmuu News Nasdaq Hut 8, a mining company listed on Bitcoin, has released its full-year financial results for 2025, disclosing that the company generated $9.6 million in revenue from custodial services during fiscal year 2025,held approximately $1.4 billion in cash and Bitcoin reserves as of December 31, 2025, while also launching a $1 billion ATM financing program and entering into revolving credit agreements with Two Prime and Coinbase, with a maximum borrowing limit of $400 million.Hut 8 stated that the company’s revenue for the twelve-month period ending December 31, 2025, reached $235.1 million, compared to $162.4 million in the same period last year;and a net loss of $248 million, compared to a net profit of $331.4 million in the same period last year. (PRNewswire)
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