Hut 8 Mining

Q2 FY2026 EarningsHut 8 Corp. missed Q2 FY26 revenue consensus, reporting $74.9M vs. $80.0M expected, primarily due to the divestiture of the Far North JV. Despite the top-line miss, the company realized a significant GAAP net loss of $177.1M ($1.27/share), largely driven by a $138.6M mark-to-market loss on digital assets as Bitcoin prices declined. However, operational momentum in the AI segment accelerated with the full contracting of the Beacon Point campus, expected to generate $655M in annual NOI, and the successful issuance of $7.5B in project-level financing for AI data center infrastructure.