HIVE Digital Technologies generated $79.1 million in revenue for its fiscal first quarter ending June 30, 2026, representing 73.5% year-over-year growth and a 10.2% sequential increase. Digital currency mining remains its primary revenue driver at $72.1 million, while the company mined 1,004 BTC supported by an average operational hashrate of 24.0 EH/s. The HPC and AI segment branded as BUZZ HPC contributed $7.1 million, with contracted GPU cloud ARR approaching $110 million. Despite reporting a GAAP net loss of $142.9 million due to a contested VAT matter in Sweden, HIVE holds $208 million in cash reserves and posted positive adjusted EBITDA of $13.4 million.
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