HIVE Digital Technologies Reports 331 BTC Drop in Holdings, Record $298M Annual Revenue
By
@cointelegraph
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Summary
Canadian Bitcoin miner HIVE Digital Technologies reported a 331 BTC reduction in its Bitcoin holdings (from 481 to 150 BTC) in its fiscal year update, representing about $23 million in value. Despite the decline in treasury holdings, the company posted record annual revenue of $297.8 million, driven by Bitcoin mining and high-performance computing (HPC) operations. The company mined 2,885 BTC during the period but did not explicitly state it sold Bitcoin.
Key quotes
· 3 pulledHIVE Digital Technologies' Bitcoin holdings fell by 331 BTC in the latest quarter, even as the miner reported a sharp rise in annual revenue from Bitcoin mining and high-performance computing (HPC).
The company reported holdings of 150 Bitcoin (BTC) in its fiscal year update on Monday, down from 481 BTC at the end of Q4 2025.
The 331 BTC reduction represents about $23 million in value at current prices, with Bitcoin trading roughly 21% lower year-to-date.
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