[Hut 8 Reports Q3 Net Profit of $189.5 Million, Primarily Affected by Unrealized Bitcoin Gains] Odaily Planet Daily reports that Bitcoin News, in an article published on the X platform, stated that Hut 8 sold approximately 3,100 bitcoins, providing $250 million for a share buyback and cancelling 3.3 million shares; its board subsequently increased the buyback authorization to $1 billion. Hut 8's third-quarter net profit was $189.5 million, including $413.8 million primarily from unrealized Bitcoin gains; revenue decreased to $71.1 million. The company's AI data center business under construction is expected to have a lease value of approximately $26.6 billion.