Nasdaq-listed Bitcoin mining company Hive releases 2026 Q3 financial report
2026-11-10 14:14:53
According to CoinMeta, Wu said that Hive, a Bitcoin mining company listed on NASDAQ, released its quarterly financial report for September 30, 2026. The company reported revenue of $84.9 million, a year-on-year decrease of 2.7%, and a net loss of $78.7 million, which included a impairment of mining machines amounting to $31.2 million. Bitcoin mining revenue was $76 million, while the business revenue from AI's high-performance computing services was $8.8 million, a year-on-year increase of 70.7%. During that quarter, 10,700 BTC were mined, and at the end of the quarter, the company held $139 million in cash and $22.6 million in digital assets.
Source:X
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