Techub News, Bitcoin mining company Hut 8 announced its financial results for the fourth quarter and full year of fiscal year 2025. As of December 31, 2025, the company's total installed capacity for development projects reached 8,500 MW, laying the foundation for scalable execution in 2026. Total revenue for fiscal year 2025 was $235.1 million, a 45% increase year-over-year (compared to $162.4 million in the same period last year), comprising computing revenue of $202.3 million, power revenue of $23.2 million, digital infrastructure revenue of $9.6 million, and other revenue of zero; American Bitcoin, as a consolidated subsidiary, had its related revenue offset in the consolidated financial statements through management services, ASIC hosting, and shared services agreements. As of the period end, Hut 8 held approximately $1.4 billion in cash and Bitcoin reserves ($899.3 million for the Hut 8 portion and $472.6 million for the American Bitcoin portion); initiated a $1 billion "At-The-Market" (ATM) offering program; entered into revolving credit agreements with Two Prime and Coinbase, with a maximum borrowing capacity of $400 million and a weighted average cost of capital of 8.5%. River Bend project financing can cover up to 85% of costs, led and structured by J.P. Morgan, with Goldman Sachs participating as a loan underwriter.
如您认为本页面(或本平台)内容存在侵权或违规情形,请您在发现之日起尽快与我们联系,并提供:权利人姓名/名称及联系方式、被侵权作品名称及权属证明、具体侵权链接及情况说明。我们在核实后将及时处理相关内容。
联系方式:creator@techub.news
商务合作:contacting@techub.news
点击链接下载 Techub News App,获取最新讯息:
https://www.techub.news/download
(或扫描下方二维码下载)

All information provided on this website is for reference only.
This website does not guarantee the accuracy, validity, timeliness, or completeness of the information.
Any actions taken based on the information provided by this website are at the user's own risk.
Techub News, Bitcoin mining company Hut 8 announced its financial results for the fourth quarter and full year of fiscal year 2025. As of December 31, 2025, the company's total installed capacity for development projects reached 8,500 MW, laying the foundation for scalable execution in 2026. Total revenue for fiscal year 2025 was $235.1 million, a 45% increase year-over-year (compared to $162.4 million in the same period last year), comprising computing revenue of $202.3 million, power revenue of $23.2 million, digital infrastructure revenue of $9.6 million, and other revenue of zero; American Bitcoin, as a consolidated subsidiary, had its related revenue offset in the consolidated financial statements through management services, ASIC hosting, and shared services agreements. As of the period end, Hut 8 held approximately $1.4 billion in cash and Bitcoin reserves ($899.3 million for the Hut 8 portion and $472.6 million for the American Bitcoin portion); initiated a $1 billion "At-The-Market" (ATM) offering program; entered into revolving credit agreements with Two Prime and Coinbase, with a maximum borrowing capacity of $400 million and a weighted average cost of capital of 8.5%. River Bend project financing can cover up to 85% of costs, led and structured by J.P. Morgan, with Goldman Sachs participating as a loan underwriter.
如您认为本页面(或本平台)内容存在侵权或违规情形,请您在发现之日起尽快与我们联系,并提供:权利人姓名/名称及联系方式、被侵权作品名称及权属证明、具体侵权链接及情况说明。我们在核实后将及时处理相关内容。
联系方式:creator@techub.news
商务合作:contacting@techub.news
点击链接下载 Techub News App,获取最新讯息:
https://www.techub.news/download
(或扫描下方二维码下载)

All information provided on this website is for reference only. The website does not guarantee the accuracy, validity, timeliness, or completeness of the information. Any actions based on the information provided are at the user’s own risk.