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Hut 8 Inc. ((HUT)) announced that its revenue for 2025 will be $235.1 million, up from $162.4 million in 2024, primarily driven by growth in its computing business. The company signed a 15-year lease agreement worth $7 billion with Fluidstack to rent 245 megawatts of IT capacity, a deal supported by funding from Google. Despite achieving growth, the company recorded a net loss of $248 million for the year due to volatility in digital assets. Hut 8 also sold its 310-megawatt natural gas power plant asset portfolio to focus funds on data center development.