HIVE Digital Technologies reports robust quarter, expands Bitcoin holdings and mining capacity
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HIVE Digital Technologies reported strong fiscal Q2 2025 results, mining 340 Bitcoin and increasing its holdings to 2,604. The company's digital currency assets are valued at $165.2 million, based on a Bitcoin price of $63,300.
November 13, 2024 | 2:00 pm
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HIVE Digital Technologies reported a robust fiscal Q2 2025, mining 340 Bitcoin and increasing its holdings to 2,604. The company's digital currency assets are valued at $165.2 million, based on a Bitcoin price of $63,300.
The strong quarterly performance and increased Bitcoin holdings are positive indicators for HIVE's financial health and future growth potential. The valuation of digital assets at $165.2 million suggests a solid asset base, likely boosting investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100