BlockBeats News, February 17 — Bitcoin mining company Hive announced that in the third quarter of its fiscal year ending December 31, 2025, the company’s revenue reached $93.1 million, a year-over-year increase of 219% and a quarter-over-quarter growth of 7%. In November last year, Hive also set a quarterly revenue record.
Hive attributed the revenue growth to the comprehensive expansion of its Bitcoin mining hash rate cluster and BUZZ high-performance computing platform. However, due to “accelerated depreciation related to Paraguay expansion and non-cash revaluation adjustments,” Hive Mining Company reported a net loss of $91.3 million, which undermined its success in revenue growth.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Major CEX Launches Event Contracts For Short-Term BTC And ETH Price Trading
A global exchange has launched Event Contracts, allowing users to bet on Bitcoin and Ethereum price movements over set timeframes. This simplified trading option features low costs and automatic settlement, aimed at easing short-term investment strategies.
GateNews5m ago
Scaramucci's $1M Bitcoin Target: Trust System vs. Gold
Anthony Scaramucci of SkyBridge Capital argues for a $1 million Bitcoin price target, emphasizing its decentralized trust system and recent institutional interest. He links Bitcoin's valuation to its fixed supply and historical perspectives on money, while noting counterarguments from economists about its viability as money.
CryptoFrontier1h ago
Tensions around the Strait of Hormuz have been fluctuating, and Bitcoin falls below $74,000
The Strait of Hormuz blockade triggers a major shock in the crypto market: after Bitcoin first breaks above $78,000, it then falls back to $74,000, and the market remains in panic. This article provides an in-depth analysis of the transmission mechanism between geopolitical shocks and crypto market price action.
GateInstantTrends1h ago
Major CEX Launches Crypto-Backed Lending in UK, Supporting BTC, ETH, and cbETH for USDC Borrowing
A centralized exchange launched crypto-backed lending services in the UK, allowing instant USDC loans using BTC, ETH, and cbETH as collateral, powered by Morpho. Total loans issued surpassed $2.17 billion since the service's US debut in January 2025.
GateNews2h ago
Crypto Jack Warns Bitcoin May Drop to $48K Amid Geopolitical Tensions
Crypto trader Crypto Jack warns investors to sell Bitcoin, predicting a decline to $48,000 amidst US-Iran tensions and negative financial signals, before a potential recovery in May based on seasonal trends.
CryptoFrontier2h ago
French-listed Capital B Increases Bitcoin Holdings to 2,937 BTC
Gate News message, April 20 — French-listed company Capital B has increased its Bitcoin holdings by 12 BTC, bringing its total holdings to 2,937 BTC, according to an official announcement.
GateNews3h ago
