Top Posts Tagged with #ai-computing

HIVE Bitcoin Holdings Fall as Revenue Hits Record $298M

➤ HIVE Digital Technologies reported a significant increase in annual revenue to $297.8 million, driven by expanded Bitcoin mining capacity and high-performance computing (HPC). ➤ Despite revenue growth, the company's Bitcoin holdings decreased by 331 BTC in the latest quarter, now standing at 150 BTC, reflecting a balance between accumulation and expansion costs. ➤ HIVE is diversifying into AI computing infrastructure, with its HPC business showing strong growth and plans for a large AI data center project, aligning with a broader industry trend among public Bitcoin miners.

#hive digital technologies #bitcoin holdings #revenue #hpc #ai-computing #gpu-clusters #mining capacity #operating expenses #depreciation #nvidia

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