HIVE Bitcoin holdings drop by 331 BTC in Q1, reports record $298M revenue

Bullish-66.45%

2 Jun, 14:14

Source: Cointelegraph

AI Summary

HIVE Digital Technologies reported record $298M annual revenue driven by mining and AI computing growth, while reducing Bitcoin treasury holdings by 331 BTC in Q1.

HIVE Bitcoin holdings drop by 331 BTC in Q1, reports record $298M revenue

HIVE reduced its Bitcoin holdings to 150 BTC while annual revenue climbed to $297.8 million, driven by growth in mining and AI computing.