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HIVE reports $79 million quarterly net loss as bitcoin mining revenue falls and AI business grows

HIVE reports $79 million quarterly net loss as bitcoin mining revenue falls and AI business grows
AI summary

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.

Narrative history
1 linked story · 2 outlets · since 10 Nov
  1. 56M AGO
    You’re reading this
    HIVE reports $79 million quarterly net loss as bitcoin mining revenue falls and AI business grows
    The Block · Score 55
  2. 12H AGO
    Cointelegraph · Score 35 · via HIVE, mining revenue
Most read · 72h