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Hut 8 announces Q2 earnings report: Strategic Bitcoin reserves reach 10,667 coins.
Golden Finance reports that Nasdaq-listed Bitcoin mining company Hut 8 has released its Q2 financial performance report, revealing that the company's revenue reached $41.3 million, with a net income of $137.5 million. The strategic Bitcoin reserves expanded to 10,667 coins, and the market capitalization of its holdings reached $1.1 billion as of June 30, 2025. In Q2, Bitcoin Mining, GPU as a Service, and data center cloud operations generated $34.3 million in revenue, and they began offering ASIC hosting services in partnership with American Bitcoin, with a capacity exceeding 130 MW.