Hut 8 reports Q3 net income of $131 million, holds approximately 16,787 bitcoins.

Hut 8 reported Q3 2026 revenue of about $71.07 million, down from $83.51 million a year earlier, while net income attributable to the company jumped to roughly $131 million, or $0.98 per diluted share, from about $50.11 million. As of September 30 the company held about 16,787 BTC with a fair value near $1.4 billion, split between roughly 8,360 BTC held by Hut 8 and 8,427 BTC held by American Bitcoin, of which 3,090 BTC was pledged to Bitmain. The quarter included about $414 million in fair value gains on bitcoin and about $39.94 million in realized gains from selling or disposing of bitcoin. The results show Hut 8's earnings remain heavily tied to bitcoin price movements even as revenue declined year over year.