🚀 Hive: record revenue of $45.6M in Q1 FY2026 thanks to the Bitcoin mining boom! 💰💥
Hive Digital Technologies announces stellar results for the first fiscal quarter of 2026 (📆 June 30, 2025):
• 📊 Total revenue: $45.6M — all-time high
• ⛏️ Cryptocurrency mining: $40.8M (+44.9%) | 406 BTC (+34%) | ⚡ Average hashrate: 8.9 EH/s (+45%)
• 🤖 BUZZ HPC (AI/Data Center): $4.8M (+59.8%)
• 📈 Gross operating margin: 34.7% ($15.8M)
• 🧾 GAAP net income: $35M thanks to capital gains on crypto and investments
• 💼 Cash & crypto holdings: $71.9M
• 🚀 Ongoing expansion: exceeded 15 EH/s in July, target: 25 EH/s by Thanksgiving 🦃 — estimated annual mining run rate ~ $315M 🔥
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