ExchangeDEX+

Buy Crypto Markets Spot FuturesGOLD Earn Event Center

PANews reported on February 17th that Bitcoin mining company Hive announced that in the third quarter of its fiscal year ending December 31, 2025, the company'sPANews reported on February 17th that Bitcoin mining company Hive announced that in the third quarter of its fiscal year ending December 31, 2025, the company's

Hive's revenue increased by 219% year-over-year in the third quarter of its fiscal year, but it suffered a net loss of $91 million due to accelerated depreciation.

Author: PANews

Source: PANews

2026/02/17 21:43

1 min read

HIVE$0.07163+0.23%

1$0.0006026-6.70%

PANews reported on February 17th that Bitcoin mining company Hive announced that in the third quarter of its fiscal year ending December 31, 2025, the company's revenue reached $93.1 million, a year-on-year increase of 219% and a quarter-on-quarter increase of 7%. Hive also achieved a record high quarterly revenue last November.

Hive attributed its revenue growth to the overall expansion of its Bitcoin hashrate clusters and the BUZZ high-performance computing platform. However, a net loss of $91.3 million from Hive Mining Company, due to "accelerated depreciation and non-cash revaluation adjustments related to its expansion in Paraguay," undermined its success in revenue growth.

Market Opportunity

HIVE Price(HIVE)

$0.07163

$0.07163$0.07163

-1.25%

USD

HIVE (HIVE) Live Price Chart

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.