Bitcoin mining firm Hut 8 has reported holding $1.4 billion in cash and Bitcoin reserves as of December 31, 2025, according to its annual financial results. The company generated $96 million in revenue from hosting services and a total revenue of $235.1 million for the year, up from $162.4 million in 2024. Despite the revenue increase, Hut 8 recorded a net loss of $248 million, a significant drop from the previous year's net profit of $331.4 million. Additionally, Hut 8 has launched a $1 billion ATM financing program and secured revolving credit agreements with Two Prime and Coinbase, providing a maximum borrowing capacity of $400 million. These financial maneuvers aim to bolster the company's liquidity and operational capabilities in the evolving cryptocurrency market.