According to Bloomberg, Bitcoin mining company Hut 8 Corp released its Q1 2025 financial report, with revenue dropping 58% year-on-year to $21.8 million and a net loss of $134.3 million, compared to a net income of $250.7 million in the same period last year. CEO Asher Genoot stated that the decline was mainly due to operational disruptions caused by Bitcoin halving and upgrading mining machines. Hut 8 recently partnered with Trump's sons Eric and Donald Trump Jr. to launch mining company American Bitcoin Corp, and plans to continue investing in the company and accumulating Bitcoin, while developing high-performance computing data center services for AI enterprises in Louisiana. http://(wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=42182