HIVE Digital Technologies Reports Fourth Quarter Financial Results
HIVE Digital Technologies reported Q4 revenue of $71.82 million, a year-over-year increase of 130.5%, but fell short of expectations by $7.63 million. Bitcoin mining revenue for the quarter was $67.2 million, down 23.9% sequentially due to a roughly 27% decline in average Bitcoin price compared to Q3.
Tickers: $HIVE
Topics: Bitcoin mining Q4 earnings revenue decline