Hut 8 unexpectedly flips to GAAP profit in Q2 on digital asset gains

2025-08-07 15:59:37

Main Idea

Hut 8 Corp. reported GAAP profitability for Q2 with an EPS of $1.18, significantly exceeding expectations.

Key Points

1. Hut 8 Corp. (NASDAQ:HUT) announced its Q2 financial results on Thursday.

2. The company achieved GAAP profitability for the quarter.

3. Q2 GAAP EPS was $1.18, surpassing expectations.

Description

More on Hut 8 Mining Hut 8 Explodes Higher, But It's Too Much, Too Quickly Hut 8 Q1 Earnings: A $1B Bitcoin Stash And A Capital-Light Future Hut 8 GAAP EPS of $1.18 beats by $1.33, revenue of $41.3M misses by $8.53M Hut 8 Mining Q2 2025 Earnings Preview Seeking Alpha’s Quant Rating on Hut 8 Mining

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