EZBrisk / Market Verdict

HUT earnings: revenue up, losses widen

Hut 8 reported Q2 revenue of $74.9 million, up sharply from $41.3 million a year ago, but posted a net loss of $177.1 million driven by unrealized losses on digital assets, while the stock sold off sharply in Tuesday's session.

Sources: https://www.sec.gov/Archives/edgar/data/1964789/000110465926090041/tm2621890d1_8k.htm, https://www.sec.gov/Archives/edgar/

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