Hut 8 Corp. reported financial results for the three and six months ended June 30, 2026. Revenue increased to $74.9 million from $41.3 million in the prior-year period, driven by $72.5 million in Compute revenue. The company posted a net loss of $177.1 million compared to net income of $137.5 million previously, primarily due to $138.6 million in unrealized losses on digital assets versus gains in the prior year. Adjusted EBITDA rose to $10.4 million from $4.2 million. Hut 8 closed $7.5 billion in non-recourse investment-grade project financing for its River Bend and Beacon Point data center campuses. Additionally, the company signed a second 352 MW IT lease at Beacon Point with an expected base-term value of approximately $9.8 billion. Hut 8 operates as an energy infrastructure platform integrating power, digital infrastructure, and compute to support AI and high-performance computing.
