CryptoThe Blockabout 2 hours ago
HIVE Digital Reports $79 Million Loss
3 min read
HIVE Digital Technologies reported a $78.7 million net loss in the quarter ended Sept. 30, driven by a $31.2 million impairment charge against bitcoin mining equipment. While mining revenue fell to $76 million, the company's BUZZ HPC business grew 70.7% to $8.8 million, fueled by a new $350 million deal for 2,016 NVIDIA Blackwell Ultra GPUs.
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