Bitcoin
Hut 8 Revenue Falls 14.9% as October Bitcoin (BTC) Sales Fund Buybacks
TokenPost·November 5, 2026·1 min read
Hut 8's revenue fell 14.9% as October Bitcoin sales funded buybacks. The company generated $175.4 million in net proceeds and spent $175.3 million on repurchases. Its board raised the total buyback authorization to $1 billion in November, signaling confidence despite the revenue decline.
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