Hut 8 Corp. fully commercialized Beacon Point with a second 352 MW IT lease, bringing expected aggregate base-term contract value to approximately $26.6 billion. Third-quarter 2026 revenue was $71.1 million, net income $189.5 million, and the repurchase authorization $1.0 billion.
HUT · Hut 8 Corp. · Documents
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Hut 8 Corp. reported revenue of $71.1 million for the three months ended September 30, 2026, down from $83.5 million, and increased its stock repurchase authorization to $1.0 billion in November 2026.
Hut 8 Corp. entered a senior secured revolving credit facility with JPMorgan Chase Bank, N.A. on September 24, 2026, providing up to $1,070.0 million outstanding; no amounts were borrowed at closing, and borrowings remain available until the fourth anniversary.