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Hut 8 Navigates Strategic Shift with $134M Q1 Loss, Focuses on Energy Infrastructure and Bitcoin Mining

Hut 8 Navigates Strategic Shift with $134M Q1 Loss, Focuses on Energy Infrastructure and Bitcoin Mining

>Hut 8 Corp's net loss for the first quarter of 2025 was $134 million. The company is making a calculated bet in pursuit of developing energy infrastructure while growing its Bitcoin mining business. The company faced a loss but is taking great leaps in scaling its energy capacity and streamlining...

May 2025
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