Hut 8 Reports $248 Million Net Loss for 2025 Amid Strategic Shift to AI Infrastructure

NEW YORK – Hut 8, a prominent player in the digital asset mining space, has announced its full-year financial results for 2025, revealing a net loss of $248 million. This figure contrasts with a net profit of $331.4 million reported in the same period of 2024. The company attributed the downturn primarily to approximately $220 million in unrealized digital asset losses.

Despite the net loss, Hut 8 experienced a significant revenue increase, growing to $235.1 million in 2025 from $162.4 million in the prior year.

The company emphasized its ongoing transition from a Bitcoin miner to a developer of power and AI infrastructure. A key development highlighted was the signing of a 15-year AI leasing agreement, financially backed by Google, with a base contract value of approximately $7 billion. By the end of 2025, Hut 8's development pipeline reportedly reached 8.5 gigawatts (GW). The information was provided by The Block.

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