Hut 8 Reports Third Quarter 2024 Results
By API User
Strategic initiatives drive revenue growth, balance sheet strength, and competitive position across AI compute and Bitcoin mining Earnings Release Highlights Revenue of $43.7 million, net income of $0.9 million, and Adjusted EBITDA of $5.6 million Energy cost per MWh of $28.83, a 33% decrease from $42.73 in the prior year period Mined 234 Bitcoin at … Continued