Hut 8 grew its Bitcoin reserves by over 50% annually. This achievement makes it a top-tier publicly traded BTC holder.
Bitcoin miner and energy infrastructure firm Hut 8 (ticker HUT) significantly increased its Bitcoin reserve. In particular, its holdings have expanded more than 50% in the last year. As of the end of Q3 2025 on September 30, the firm had 13,696 BTC. As a result, this reserve was worth about $1.6 billion.
Hut 8 Positions as a Top-Tier Publicly Traded Bitcoin Holder
This accomplishment moves Hut 8 to the top 10 largest publicly traded Bitcoin holders in the world. Therefore, it is nice that the strategic accumulation of the company. It ranks ahead of CleanSpark, which holds 13,011 coins. In this way, it is cementing its position among the leaders of the market.
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In addition, Hut 8 is now the third largest Bitcoin miner in terms of stash of BTC. It is only behind MARA and Riot Platforms. Furthermore, the company has 9106 BTC in the same period of 2024. This is a good demonstration of rapid and consistent growth.
Hut 8’s third quarter 2025 results show they are in a very strong financial position. Total revenue almost doubled to $83.5 million. Moreover, the company posted strong net income.7 Net income ramped up quite to $50.6 million for the quarter.
This surge in profit was mainly due to a huge benefit on digital assets. As a result, the company’s diversified strategy is proving to be very successful. Adjusted EBITDA also totaled a tremendous $109.0 million. This is a dramatic increase from the previous year.
Specifically, the strategic reserve of 13696 BTC consists of two parts. Hut 8 directly holds 10,278 BTC. Its subsidiary, American Bitcoin Corp. (ABTC), owns the rest of 3,418 BTC. This sound balance sheet is the key to its operations.
Strategic Diversification Drives Multi-Gigawatt Infrastructure Plan
The Bitcoin reserve is actively managed and is valued at $1.6 billion. New management (in place since February 2024) makes use of it for strategic funding. Therefore, the holdings aid in establishing debt financing for expansion. New credit facilities backed by Bitcoins have been exploited.
Furthermore, the company is diversifying its business. In particular, it is evolving in the field of high-performance computing (HPC). It is also oriented towards the development of energy infrastructure. Its total capacity under management has grown to 1.02 gigawatt.
Hut 8 has big plans for further scaling. It wants to expand its capacity to more than 2.5 gigawatts. This expansion will take place throughout North America. As such, this will address growing demand from two sectors. These include Bitcoin mining and Artificial Intelligence workloads.
Jaime Leverton, Hut 8’s CEO, emphasized the strategy. She pointed out the continuing effort to develop a diversified business. The focus is, then, still on “high-performance computing.” Thus, the company is responding to changes in the market.
The company has moved its ASIC miners strategically to ABTC. This gives Hut 8 the ability to prioritize “Power and Digital Infrastructure” business lines. These business lines comprise HPC and AI. Therefore, the company is optimizing its focus for its operation.
To conclude, the reserve growth of 50% is critical. It gives direct exposure to the price appreciation in Bitcoin to the shareholders. On top of that, it facilitates safe debt financing for expansion. As a result of this, Hut 8 is growing as a diversified, energy-driven infrastructure platform.
Source: https://www.livebitcoinnews.com/hut-8-boosts-bitcoin-holdings-by-over-50-year-on-year/