What is Hut 8 Mining Corp.'s proceeds from related party debt?

Hut 8 Mining Corp. (HUT) reported proceeds from related party debt of $37.5M in Q4 2024.

What does proceeds from related party debt mean?

Cash received from loans provided by related parties or affiliates.

How do you interpret proceeds from related party debt?

High reliance on related party debt may signal limited access to traditional capital markets or a strategic preference for internal financing.

How does proceeds from related party debt compare across companies?

Often seen in companies with concentrated ownership or complex corporate structures.

Hut 8 Mining Corp. HUT Proceeds From Related Party Debt

Proceeds From Related Party Debt at other companies

General Purpose Acquisition Corp. GPAC

$500K—

Infleqtion INFQ

$105.17K—

MiddlebyMIDD

$5.81M—

Iris EnergyIREN

$101K+140%

Lamar AdvertisingLAMR

-$18.63M-683%

General Purpose Acquisition Corp. GPAC

$2M—

Other financials

Income statement

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Revenue$71.0M+226%

Gross profit$45.5M+1,341%

Operating income-$370.4M-151%

Net income-$219.8M-64.2%

EPS (diluted)-$1.98-52.3%

Balance sheet

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Cash & equivalents$160.0M+47.6%

Total debt$18.2M-65.3%

Total equity$1.4B+43.7%

Total assets$2.6B+66.0%

Cash flow

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Operating cash flow-$27.2M+19.6%

CapEx$36.6M-42.2%

Free cash flow-$63.8M+34.3%

Valuation

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Market cap$14.01B+331%

Enterprise value$13.87B+340%

P/S49.3×+24.7×

Profitability

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Gross margin59.7%+17.9pp

Operating margin-191.6%-226pp

Net margin-109.8%-256pp

FCF margin-108.6%-32.4pp

Returns & leverage

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Return on equity-26.7%-38.4pp

Debt / equity0×0.0×

Current ratio0.9×-0.4×

Where this comes from

Reported directly by Hut 8 Mining Corp. in its filing.

Tagged under the XBRL concept us-gaap:ProceedsFromRelatedPartyDebt.

The official record: Hut 8 Mining Corp.’s 10-K, filed February 25, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hut 8 Mining Corp.'s proceeds from related party debt?: Hut 8 Mining Corp. (HUT) reported proceeds from related party debt of $37.5M in Q4 2024.
What does proceeds from related party debt mean?: Cash received from loans provided by related parties or affiliates.
How do you interpret proceeds from related party debt?: High reliance on related party debt may signal limited access to traditional capital markets or a strategic preference for internal financing.
How does proceeds from related party debt compare across companies?: Often seen in companies with concentrated ownership or complex corporate structures.