HIVE Digital Technologies added 79 BTC to its assets in the third quarter, bringing its holdings to 269 BTC, valued at around $20 million in market estimates and approximately $22.4 million on its balance sheet. The company mined 1,070 BTC during the period, up 49% from a year earlier, while mining revenue fell 7.4% to $76 million because of a lower average realized Bitcoin price. It also recorded a $31.2 million impairment on its mining equipment and sold digital assets for $70 million, realizing a $1.8 million gain. Revenue from high-performance computing and AI hosting rose 71% to $8.8 million, representing approximately 10.4% of total revenue. HIVE plans to invest up to $493 million over the next 36 months to expand this activity alongside its mining strategy.
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