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.

Hut 8 Corp. announced the full commercialization of the second phase of its one-gigawatt Beacon Point data center campus in Nueces County, Texas. The company secured a second 15-year, $9.8 billion lease for 352 megawatts of IT capacity with an existing high-investment-grade tenant. This transaction doubles the tenant's contracted capacity at the campus to 704 megawatts. The total base-term contract value for the full 1,000 MW campus is now $19.6 billion. The company's total contracted AI data center portfolio has reached 949 MW with an aggregate base-term contract value of $26.6 billion. Hut 8 Corp. is an energy infrastructure platform that develops and operates industrial-scale energy and data center infrastructure.

Beacon Point DC LLC, an indirect wholly-owned subsidiary of Hut 8 Corp., completed a $4,250 million private offering of 6.129% Senior Secured Notes due 2042. The proceeds will fund the development and construction of a 352 MW turnkey data center in Nueces County, Texas, and its associated substation. Hut 8 Corp. operates in the digital infrastructure and data center services industry.

Hut 8 Corp. subsidiary Beacon Point DC LLC announced its intention to offer $4,250 million in senior secured notes due 2042 in a private offering. The proceeds are intended to finance the construction of a 352 MW capacity data center and substation on a 521-acre property in Texas, as well as debt service reserves and offering expenses.