<ul data-eligibleForWebStory="false"><li>Hut 8 secures capacity contracts from IESO for its natural gas-fired power plants in Ontario, covering 310 megawatts across four facilities.</li><li>The company will receive around CAD $530 per megawatt per business day in the first year with potential inflation adjustments for stable long-term revenue.</li><li>Hut 8 reports mixed financial performance, with notable revenue and net income figures for 2024, but a loss in the first quarter of 2025. The stock price also reflects industry volatility.</li><li>Hut 8 faces legal challenges, including class-action lawsuits related to alleged misleading statements regarding its merger with US Bitcoin Corp. Despite this, the company gains exposure to a government-backed counterparty through its recent deal.</li></ul>

Embattled Bitcoin Miner Hut 8 Scores Win Amid Shareholder Lawsuit Battle

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