According to ChainCatcher, crypto mining company HIVE Digital Technologies announced on Tuesday that its revenue increased 8% year-on-year to $114.5 million, about $2.7 million higher than analysts' expectations.
HIVE's net loss for fiscal 2024 was $51.2 million, compared with a net loss of $236.4 million in the previous year. As of March 31, 2024, the company had 2,287 bitcoins, currently worth $141 million.