Bitcoin miner Hut 8 grows hashrate 79% despite $134M quarterly loss
- Posted on May 8, 2025
- By Cointelegraph
- 4 Views
Bitcoin miner Hut 8 grows hashrate 79% despite $134M quarterly loss
Despite a $134.3 million net loss in Q1 2025, Hut 8 boosted its hashrate by 79%, propelled by strategic investments and the launch of its American Bitcoin subsidiary.
