For the year ending 2025-12-31, HUT has $2,753,720K in assets. $1,064,250K in debts. $44,914K in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Cash | 44,914 | 85,044 | ||
| Restricted cash | 2,373 | 591 | ||
| Accounts receivable, net | 31,122 | 6,989 | ||
| Deposits and prepaid expenses | 189,332 | 52,679 | ||
| Derivative assets | 16,223 | 18,076 | ||
| Digital assets-pledged for miner purchase | 84,688 | 92,389 | ||
| Digital assets receivable | 812 | - | ||
| Income taxes receivable | - | 1,073 | ||
| Assets held for sale | 38,719 | - | ||
| Total current assets | 408,183 | 256,841 | ||
| Derivative assets | 101,179 | - | ||
| Digital assets - held in custody | 661,979 | 525,235 | ||
| Digital assets - pledged for miner purchase | 242,937 | - | ||
| Digital assets - pledged as collateral | 396,624 | 331,876 | ||
| Property and equipment, net | 643,244 | 221,681 | ||
| Operating lease right-of-use asset | 18,496 | 20,593 | ||
| Deposits and prepaid expenses | 8,314 | 7,886 | ||
| Investment in unconsolidated joint venture | 45,158 | 82,015 | ||
| Other investments | 6,378 | 6,378 | ||
| Net book value | 10,130 | - | ||
| Other indefinite lived tangible assets | 1,011 | - | ||
| Intangible assets, net | 11,141 | 13,273 | ||
| Goodwill | 210,087 | 53,082 | ||
| Total non-current assets | 2,345,537 | 1,262,019 | ||
| Total assets | 2,753,720 | 1,518,860 | ||
| Accounts payable and accrued expenses | 44,519 | 56,882 | ||
| Miner purchase liability, current portion | 100,910 | - | ||
| Deferred revenue | 1,458 | 6,199 | ||
| Operating lease liability, current portion | 2,891 | 2,689 | ||
| Finance lease liability, current portion | - | 4,783 | ||
| Loans, notes payable, and other financial liabilities, current portion | 199,926 | - | ||
| Derivative liability | - | 18,437 | ||
| Income taxes payable | 115 | - | ||
| Loans and notes payable, current portion | - | 64,965 | ||
| Liabilities held for sale | 25,764 | - | ||
| Total current liabilities | 375,583 | 153,955 | ||
| Miner purchase liability, less current portion | 332,153 | - | ||
| Operating lease liability, less current portion | 16,279 | 18,675 | ||
| Finance lease liability, less current portion | - | 18,917 | ||
| Loans and notes payable, less current portion | - | 235,620 | ||
| Loans, notes payable, and other financial liabilities, less current portion | 210,235 | - | ||
| Deferred tax liabilities | 129,854 | 111,114 | ||
| Warrant liability | 146 | - | ||
| Total non-current liabilities | 688,667 | 384,326 | ||
| Total liabilities | 1,064,250 | 538,281 | ||
| Common stock, 0.01 par value 1,000,000,000 shares authorized 110,091,358 and 99,478,012 shares issued and outstanding as of december 31, 2025 and december 31, 2024, respectively | 1,101 | 995 | ||
| Additional paid-in capital | 1,425,775 | 789,597 | ||
| Retained earnings | 5,481 | 231,630 | ||
| Accumulated other comprehensive loss | -10,432 | -45,553 | ||
| Total hut 8 corp. stockholders' equity | 1,421,925 | 976,669 | ||
| Non-controlling interests | 267,545 | 3,910 | ||
| Total equity | 1,689,470 | 980,579 | ||
| Total liabilities and equity | 2,753,720 | 1,518,860 | ||
Hut 8 Corp. (HUT)
Hut 8 Corp. (HUT)