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by: xpoolPosted on: November 18, 2025

HIVE Digital Records Highest Quarterly Revenue Despite Significant Losses

HIVE Digital Technologies has achieved its highest quarterly revenue ever, exceeding $87.3 million, driven by Bitcoin’s continued price growth and aggressive expansion of its mining capacity. This success story comes despite a $15.8 million net loss incurred during the quarter due to accelerated depreciation costs for its new Paraguay mining infrastructure.

Related posts:

  1. HIVE Digital Reaches New Milestone in Paraguay, Shares Surge
  2. Bitcoin Miners Face Double Blow of Equipment Costs and ETF Competition, Report Finds
  3. Bitdeer Secures $60 Million to Bolster ASIC Production Amidst Competition Surge
  4. Matrix Finance Invests $200 Million in Bitdeer to Boost Bitcoin Mining Operations
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