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Jon Cuthbert Profile pIcture
Jon Cuthbert

Jon Cuthbert

GrafaFounder & COO

Jon is a former international magazine editor with a strong background in business publications (print and digital) in the Middle East and Australia.

Articles by Jon Cuthbert

Grafa
Technology

Hut 8 swings to FY loss as digital asset volatility offsets surging compute revenue

Hut 8 Corp. (NASDAQ:HUT) reported on Wednesday a full-year net loss of $248 million for 2025, a sharp reversal from the prior year's profit, as substantial unrealized losses on digital assets overshadowed a major strategic pivot into AI infrastructure.

Read more: Hut 8 swings to FY loss as digital asset volatility offsets surging compute revenue