Crypto Revenue Soars Hut 8 Hits $80.7M

Hut 8 Achieves $80.7 Million in Crypto Revenue for 2024

• Hut 8 Corp. reported $80.7 million in crypto-related revenue for 2024.
• The revenue was driven by bitcoin mining and GPU-as-a-service operations.
• The company expanded its bitcoin reserve to 10,171 BTC.
• Hut 8 secured a $125 million partnership with Bitmain.

Hut 8 Corp. has achieved significant growth with $80.7 million in crypto-related revenue, primarily from bitcoin mining and GPU services, while expanding its bitcoin reserve to 10,171 BTC and establishing a $125 million deal with Bitmain.