Every material Form 8-K Hut 8 Corp. has filed with the SEC since August 04, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Hut 8 Corp. reported third quarter 2026 results, with revenue of $71.1 million, down from $83.5 million a year earlier, while net income rose to $189.5 million from $50.6 million. The net income increase was driven mainly by $413.8 million of unrealized gains on digital assets, and Adjusted EBITDA was $33.0 million versus $30.5 million. The company also closed a $1.07 billion revolving credit facility and raised its stock repurchase authorization to $1.0 billion.
Q3 2026 revenue was $71.1 million, compared with $83.5 million in Q3 2025.
Net income was $189.5 million, including $413.8 million of primarily unrealized gains on digital assets.
Adjusted EBITDA was $33.0 million, compared with $30.5 million a year earlier.
Repurchase authorization was increased to $1.0 billion on November 2, 2026, after $74.7 million of shares were bought back in the quarter.
Hut 8 Corp. entered into a $1.07 billion senior secured revolving credit facility with JPMorgan Chase Bank, N.A. as administrative agent, dated September 24, 2026, with no amounts outstanding at closing. The company says the facility adds committed parent-level liquidity for interim working capital and letter of credit needs, which it describes as a way to fund projects while it decides on longer-term non-recourse financing.
Facility size: up to $1,070.0 million, including a $1,070.0 million letter of credit sublimit; matures on the fourth anniversary of the September 24, 2026 closing date
Initial margin of 1.750% per annum for Term SOFR loans, within a range of 1.50% to 2.00%, based on the company's debt-to-market-capitalization ratio
Minimum liquidity covenant begins with the quarter ending March 31, 2027, at 40% of commitments before the Stabilization Date and 25% after
Hut 8 reported second quarter 2026 revenue of $74.9 million, up from $41.3 million a year earlier, but swung to a net loss of $177.1 million from net income of $137.5 million in the prior-year period. The filing attributes $138.6 million of the loss mainly to unrealized losses on digital assets, and the company also reported closing $7.5 billion of investment-grade project financing and signing a second 352 MW lease at Beacon Point after quarter-end.
Q2 2026 revenue was $74.9 million, compared with $41.3 million in the prior-year period.
Net loss was $177.1 million, versus net income of $137.5 million a year earlier; net loss included $138.6 million of primarily unrealized losses on digital assets.
Adjusted EBITDA was $10.4 million, compared with $4.2 million; Adjusted EBITDA inclusive of digital assets mark-to-market was $(94.6) million, versus $221.2 million.
After quarter-end, the company signed a second 352 MW IT lease at Beacon Point, representing approximately $9.8 billion in expected base-term contract value.
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