Reported Earlier, HIVE Digital May 2024 Bitcoin Production: HODL +3% To 2,451 Bitcoins On Monthly Basis; Acquired 1,000 New Bitmain S21 Pro Antminers
Portfolio Pulse from Benzinga Newsdesk
HIVE Digital reported a 3% increase in its HODL position to 2,451 Bitcoins in May 2024, alongside the acquisition of 1,000 new Bitmain S21 Pro Antminers. The company mined 119 Bitcoins in May, ending the month with a 5.0 EH/s ASIC mining capacity and an average hashrate of 4.9 EH/s.
June 10, 2024 | 6:49 am
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HIVE Digital reported a 3% increase in its HODL position to 2,451 Bitcoins in May 2024, alongside the acquisition of 1,000 new Bitmain S21 Pro Antminers. The company mined 119 Bitcoins in May, ending the month with a 5.0 EH/s ASIC mining capacity and an average hashrate of 4.9 EH/s.
The increase in HODL position and acquisition of new mining equipment indicate strong operational growth and efficiency. This is likely to positively impact HIVE's stock price in the short term.
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