Cloud AI services revenue exceeds Bitcoin mining
Company: Hut 8
The claim, verbatim
Revenue from cloud AI services surpassed income from Bitcoin mining for the first time in August
Source (primary)
WSJ: Anthropic to Deploy Computing Power at Hut 8 Campus - ForkLog (-, news_article)
View cached copy (2026-09-03)Live source ↗Archive.org ↗
Quote: “In August, IREN reported that revenue from cloud AI services surpassed income from Bitcoin mining for the first time”
How we checked this
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Additional evidence
confirms WSJ: Anthropic to Deploy Computing Power at Hut 8 Campus - ForkLog
Quote: “In August, IREN reported that revenue from cloud AI services surpassed income from Bitcoin mining for the first time”