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According to Deep Tide TechFlow news on May 9, Bloomberg reported that Bitcoin mining company Hut 8 Corp. released its Q1 2025 financial report. The data shows that the company's quarterly revenue was $21.8 million, a big dump of nearly 58% year-on-year; net loss was $134.3 million, compared to a profit of $250.7 million in the same period last year. The company recently announced a collaboration with former U.S. President Trump's son to launch a new business.

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