ChainCatcher news, according to GlobeNewswire, the Nasdaq-listed Bitcoin mining company Hut 8 has released its financial performance report for the second quarter, disclosing that the company's revenue reached $41.3 million, net income was $137.5 million, and its strategic Bitcoin reserves expanded to 10,667 BTC, with a market value of holdings reaching $1.1 billion as of June 30, 2025.
In the second quarter, Bitcoin mining, GPU as a service, and data center cloud operations generated $34.3 million in revenue, and in collaboration with American Bitcoin, they began offering ASIC hosting services with a capacity exceeding 130 MW.