Reported about 10 hours ago
Hive Digital announced a 44.9% rise in quarterly mining revenue for the quarter ending June 30, 2025, totaling $45.6 million, driven by a 45% increase in average hashrate and rising Bitcoin prices. The mining segment generated $40.8 million, while high-performance computing hosting saw a 59.8% increase, contributing $4.8 million. The company mined 406 Bitcoins during the quarter, despite facing higher network difficulty, and ended with $71.9 million in cash and crypto across operations in Canada, Sweden, and Paraguay.
Source: YAHOO