HIVE reports $79 million quarterly net loss as bitcoin mining revenue falls and AI business grows
HIVE Digital reported a $78.7 million quarterly net loss on $84.9 million in revenue, with bitcoin mining revenue declining while its AI business contributed $8.8 million. The loss highlights margin pressure on miners as bitcoin economics tighten, though the growing AI segment offers some diversification. Traders watching miner health and hashrate economics will note the widening loss despite revenue.
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56M AGOYou’re reading thisHIVE reports $79 million quarterly net loss as bitcoin mining revenue falls and AI business growsThe Block · Score 55
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12H AGOCointelegraph · Score 35 · via HIVE, mining revenue