HIVE Reports $84.9M Revenue as AI GPU Business Grows 71% Amid Mining Pressures

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HIVE Digital reported approximately $84.9 million in revenue for its fiscal second quarter, ended September 30, 2026. Its BUZZ division, focused on high-performance computing for artificial intelligence, generated about $8.8 million in revenue, up 70.7% year over year. The company also held approximately $139 million in cash but recorded a quarterly net loss of nearly $78 million. That loss included an impairment of roughly $31.2 million on mining equipment, highlighting the challenges facing its cryptocurrency operations as HIVE expands its AI services.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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