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Just wrapped $ABTC's earnings call Q2 2026 was our strongest quarter of Bitcoin production yet. As of today, our Bitcoin reserve has grown to ~8,300 BTC! Gross margins have held at ~49%+ every quarter since launch. SG&A was just ~11% of revenue in Q2, one of the leanest cost structures in the space. Q2 2026 (quarter-end): -BTC Reserve: ~8,002, +14% QoQ -BTC Mined: ~932, +14% QoQ -Satoshis Per Share: ~10,989, +11% QoQ -Mining Revenue: ~$67.0M, +8% QoQ -Today we are the #16# Largest Publicly Traded Bitcoin Company in the World Despite digital asset headwinds, we delivered one of the best quarters yet. Congratulations to the incredible team at @ABTC / @ Hut8. Hard to believe we went public just 11 months ago today!
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HUT 8 has finally closed, if you had invested your money there, just forget about it😂💀
I sat down with Hut 8 CEO @ashergenoot to discuss how he built a $12 billion company by embracing AI data centers and bitcoin mining. This conversation is packed with unique, nuanced insights into an industry that everyone is obsessed with right now. Enjoy! YouTube: Apple: Spotify: TIMESTAMPS: 0:00 - Intro 0:45 - Bitcoin mining to AI: the transition 3:09 - Data centers & community pushback 8:52 - Co-location & energy campuses 11:42 - Mega sites vs. smaller urban campuses 13:08 - Hardware innovation inside the data center 17:15 - How Hut 8 lands billion-dollar contracts 20:01 - The River Bend financing structure 24:19 - Build vs. acquire strategy 25:18 - Bottlenecks slowing AI buildout 27:36 - What keeps Asher up at night 30:40 - American Bitcoin update $HUT
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MetaPlanet(@Metaplanet) transferred out 1,473 $BTC($93.82M) 1 hour ago. Hut 8(@Hut8Corp) also transferred out 493 $BTC($31.36M) 3 hours ago.
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American Bitcoin, the crypto mining venture announced this week between Hut 8 and an investor group that includes two sons of President Donald Trump, plans to eventually go public
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Here are the current top 10 largest holdings in the YieldMax Crypto Industry & Tech Portfolio Option Income ETF $LFGY: 🥇 Core Scientific Inc $CORZ: 6.71% Bitcoin Mining 🥈 Riot Platforms Inc $RIOT: 6.17% Crypto Mining 🥉 Cipher Digital Inc $CIFR: 5.88% Digital Assets 4. HUT 8 CORP $HUT: 5.81% 5. Galaxy Digital Inc $GLXY: 5.48% 6. Nvidia $NVDA: 5.42% 7. Opera Ltd $OPRA: 5.21% 8. Block Inc $XYZ: 5.07% 9. MARA Holdings Inc $MARA: 4.60% 10. Robinhood Markets Inc $HOOD: 4.50% Disclosure: @YieldMax is a WOLF Financial partner. This is for informational purposes only, not financial advice.
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