According to Odaily Planet Daily, Nasdaq-listed Bitcoin mining company Hut 8 released its second-quarter financial results, revealing revenue of $41.3 million, net income of $137.5 million, and an increase in its strategic Bitcoin reserve to 10,667, with a market value of $1.1 billion as of June 30, 2025. Hut 8 generated $34.3 million in revenue from Bitcoin mining, GPU-as-a-Service, and data center cloud operations in the second quarter. The company also partnered with American Bitcoin to offer ASIC hosting services with over 130 MW of capacity. (Globenewswire)