RETRANSMISSION: HIVE Digital Technologies Ltd. Reports Strong Second Quarter FY2025 Financial Results: $22.6 Million in Revenue, $5.6 Million Adjusted EBITDA, and Growth in Bitcoin Holdings to 2,604
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HIVE Digital Technologies Ltd. reported strong financial results for the second quarter of FY2025, with $22.6 million in revenue, $5.6 million in adjusted EBITDA, and an increase in Bitcoin holdings to 2,604.
November 13, 2024 | 11:15 am
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HIVE Digital Technologies Ltd. reported strong Q2 FY2025 financial results with significant revenue and EBITDA growth, alongside an increase in Bitcoin holdings.
The strong financial performance, including substantial revenue and EBITDA, along with increased Bitcoin holdings, suggests a positive short-term impact on HIVE's stock price. The results indicate effective business operations and potential for future growth, which are likely to be viewed favorably by investors.
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RELEVANCE 100