HIVE Announces Quarterly Revenue of $29.2 Million, Adjusted EBITDA of $17.3 Million with an Increase in Bitcoin Holdings to 2,805
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HIVE Digital Technologies Ltd. reported quarterly revenue of $29.2 million and an adjusted EBITDA of $17.3 million. The company also increased its Bitcoin holdings to 2,805.
February 12, 2025 | 6:15 am
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POSITIVE IMPACT
HIVE Digital Technologies Ltd. reported strong financial results with $29.2 million in revenue and $17.3 million in adjusted EBITDA. The company also increased its Bitcoin holdings to 2,805, indicating a solid position in digital assets.
The reported revenue and EBITDA figures indicate strong financial performance, which is likely to positively impact HIVE's stock price. Additionally, the increase in Bitcoin holdings suggests a strategic focus on digital assets, which could attract investors interested in cryptocurrency exposure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100