Sentiment: Positive
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HIVE Digital (HIVE) Stock Rises 167% as AI Pivot Drives 158% Revenue Surge
By Trader Edge at 2026-06-02 11:34
Sentiment: Positive
TLDR HIVE reported total fiscal 2026 revenue of $297.8 million USD, up 158% year-over-year Digital currency revenue jumped 164% to $278.3 million, driven by a four-fold increase in hashrate The company posted a net loss of $148.4 million, largely due to non-cash items like depreciation HIVE is shifting focus entirely to AI and high-performance computing, [...] The post HIVE Digital (HIVE) Stock Rises 167% as AI Pivot Drives 158% Revenue Surge appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks
Source Coin Central