Hut 8 Reports $189.5M Q3 Profit Despite Revenue Missing Estimates
Key Highlights Hut 8 posted a net income of $189.5 million ($131.1 million attributable to the company), heavily propelled by a $413.8 million gain on digital assets. The company fully commercialized its Texas-based Beacon Point AI campus by signing a second 352 MW lease with a high-investment-grade tenant, pushing its aggregate AI base-term contract value ...