According to CoinMeta, Wu said that Bitcoin mining company Hut announced its third-quarter financial report on November 4th. The quarterly revenue was 71.1 million US dollars, a year-on-year decrease of about 15%, and the net profit was 189.5 million US dollars, compared to 50.6 million US dollars in the same period last year. The profit included approximately 413.8 million US dollars from unrealized gains on digital assets. After adjustments, the net profit was 33 million US dollars. Hut stated that in the third quarter, they sold about 954 BTC, earning approximately 74.8 million US dollars, which was used to repurchase stocks worth 74.7 million US dollars. At the end of the quarter, they sold another about 2,148 BTC, further repurchasing about 175.3 million US dollars worth of stocks. The company is currently accelerating its expansion into the AI data center business, with its AI data center portfolio expected to have a total contract value of about 26.6 billion US dollars, and has already obtained a revolving credit line of 1.07 billion US dollars.