[Hut 8 Q1 Revenue Reaches $71 Million, Releases 3,300 BTC to Enhance Liquidity] According to PRNewswire, Hut 8 released its Q1 2026 financial report, with revenue from two AI campuses reaching $1.68 billion. Total Q1 revenue amounted to $71 million, including $66 million from ASIC computing power, AI cloud, and traditional cloud services. The company completed a Bitcoin-backed loan refinancing, releasing approximately 3,300 BTC (equivalent to $260 million) to enhance liquidity. As of the end of March, Hut 8 held a total of approximately $1.3 billion in cash and Bitcoin. However, due to fluctuations in digital asset prices, the company reported a net loss of $253 million for the quarter, including $296 million in unrealized asset losses.