TechFlow News, February 26: According to The Block, Bitcoin mining company Hut 8 released its full-year 2025 financial results, reporting a net loss of $248 million, compared to a net profit of $331.4 million in the same period of 2024—primarily driven by $220 million in unrealized digital asset losses.
Full-year 2025 revenue increased to $235.1 million, up from $162.4 million in the prior year. Of this, revenue from power generation and management services amounted to $23.2 million; revenue from digital infrastructure totaled $9.6 million; and revenue from computing operations reached $202.3 million.
Regarding its AI transformation, Hut 8 signed a 15-year, $7 billion lease agreement with Fluidstack for 245 megawatts (MW) of IT capacity at its River Bend campus in Louisiana—the agreement is financially guaranteed by Google. As of the end of 2025, Hut 8’s development pipeline totaled 8,500 MW, including 330 MW under construction and over 1,200 MW in development.
