**Hive Digital Technologies Sees 36% Sales Surge in Q2 2024**

Hive Digital Technologies Ltd. (HIVE) reported a 36% increase in sales for the second quarter of 2024, reaching approximately $32 million, up from $23.5 million the previous year. This growth is largely attributed to Hive's core cryptocurrency mining operations.

- **Diversification Efforts**: Hive is expanding into AI by leveraging its Nvidia GPU cards, generating $2.6 million from high-performance computing.

- **Name Change**: On July 12, 2023, the company rebranded from Hive Blockchain Technologies to reflect its broader focus.

- **Future Plans**: Hive plans to maintain its Bitcoin mining presence while branching into GPU server rentals and potential cloud services.

Despite challenges like energy disruptions in Europe due to the Ukraine conflict, Hive remains optimistic, supported by forward energy agreements. The company operates nine data centers across Canada, Sweden, and Iceland.