Hut 8 joins rank of top 10 largest public bitcoin holders with over 13,000 BTC

Bitcoin miner Hut 8 has increased its Bitcoin reserves by over 50% in the past year, holding 13,696 BTC, valued at about $1.6 billion, as of September 30, 2025. This accumulation moves Hut 8 into the top 10 largest publicly traded Bitcoin holders, surpassing CleanSpark, and makes it the third-largest Bitcoin miner by stockpiled BTC, behind MARA and Riot. The company's revenue is diversified, with approximately $70 million coming from Bitcoin mining, partly through its majority-owned subsidiary American Bitcoin Corp (ABTC), which also boosted Hut 8's total hashrate significantly. Hut 8 is also expanding into energy and high-performance compute services to diversify from mining competition. Financially, the company launched a new $1 billion at-the-market equity program and a $200 million revolver, while its stock price was down over 9% at press time.

(Source：The Block)