February 17, 2026

Hive Digital Technologies reports record revenue of $93.1M

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Hive Digital Technologies reported record revenue of $93.1 million for the fiscal third quarter ending December 31, 2025, marking a 219% increase year-over-year and a 7% rise from the previous quarter. The company experienced this growth due to an expansion in its Bitcoin hashrate fleet and a focus on its AI cloud services. Despite the positive revenue figures, Hive posted a net loss of $91.3 million, attributable to accelerated depreciation linked to its Paraguay expansion and adjustments in its asset revaluation. The company made a strategic shift to depreciate its next-generation ASIC miners over a two-year cycle to keep pace with rapid technological advancements.

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