Hut 8 — Third Quarter 2026 Earnings Summary

Hut 8 Corp. fully commercialized its Beacon Point AI data center campus by signing a second 352 MW lease, bringing the expected aggregate base-term contract value across its AI portfolio to approximately $26.6 billion. The company advanced 1,300 MW of energy capacity to exclusivity, raising the total Energy Capacity Under Exclusivity to 3,180 MW, while increasing utility capacity under construction to 1,330 MW. Hut 8 closed a $1.07 billion senior secured revolving credit facility and repurchased $250.0 million of shares during the quarter and subsequent period, funded by Bitcoin sales. For the third quarter of 2026, the company reported $71.1 million in revenue and $189.5 million in net income, which included $413.8 million in unrealized gains on digital assets.