Hut 8's third-quarter net income was $131 million, holding approximately 16,787 Bitcoin.

TechFlow: On November 4, according to a quarterly filing with the U.S. Securities and Exchange Commission, Hut 8 reported revenue of approximately $71.07 million for the third quarter of 2026, down from $83.51 million in the same period last year; net income attributable to Hut 8 was approximately $131 million, up from about $50.11 million last year, with diluted earnings per share of $0.98.

As of September 30, the company held approximately 16,787 bitcoin in aggregate, valued at around $1.4 billion at fair value, comprising approximately 8,360 held by Hut 8 and 8,427 by American Bitcoin. American Bitcoin has pledged 3,090 bitcoin to Bitmain. Unrealized gains from fair value adjustments on bitcoin during the third quarter totaled approximately $414 million, and realized gains from the sale or disposal of bitcoin amounted to approximately $39.94 million.