
• Reported GAAP EPS of -$1.98 down -52.31% YoY • Reported revenue of $139.31M up 832.40% YoY
Bullish
Hut 8 secured a $9.8B AI data center lease, demonstrating its power-first model's repeatability, while strengthening its balance sheet and advancing an 8,375 MW development pipeline.
Bearish
Hut 8 Corp. reported a significant net loss of $253.1M and Adjusted EBITDA of -$250.5M for Q1 2026, further impacted by increased loan-to-cost for a major data center project.