![Bitcoin Miner Hut 8 (HUT) Shares Sink as Net Loss More Than Doubles Bitcoin Miner Hut 8 (HUT) Shares Sink as Net Loss More Than Doubles](https://digitallifegaming.com/wp-content/uploads/2023/11/6MLZZPD2MNDSTGZKKSQCE2EC2A-768x402.jpg)
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The Toronto-based company’s loss widened to C$53.6 million ($39 million) from C$23.8 million, while sales slumped to C$17 million from $31.7 million in the year-earlier period, according to a statement on its website. The number of bitcoin mined in the quarter tumbled to 330 from 982.
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