RETRANSMISSION: 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 | 11:15 am
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HIVE Digital Technologies Ltd. announced strong quarterly 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 strategic focus on cryptocurrency assets.
The announcement of strong revenue and EBITDA figures is likely to positively impact HIVE's stock price in the short term. The increase in Bitcoin holdings suggests a strategic focus on cryptocurrency, which could attract investors interested in digital assets.
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IMPORTANCE 80
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