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    Home»News»HIVE Digital Technologies reports Q3 results with production of 830 Bitcoin
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    HIVE Digital Technologies reports Q3 results with production of 830 Bitcoin

    Press RoomBy Press RoomFebruary 13, 2024No Comments1 Min Read
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    • HIVE Digital Technologies press release (NASDAQ:HIVE): Q3 Revenue of $31.3M (+37.3% Q/Q) beats by $3.85M.
    • Generated digital currency mining revenue of $30.1 million, with a gross operating margin of $11.3 million.
    • Mined 830 Bitcoin during the three-month period ended December 31, 2023.
    • Adjusted EBITDA income of $17.3 million for the three-month period.
    • Working capital increased by $36.4 million during the three-month period ended December 31, 2023.
    • Digital currency assets of $71.9 million, as at December 31, 2023.
    • Average cost of production per Bitcoin was $22,607, where the average Bitcoin price was $36,119, during the three-month period ended December 31, 2023.

    More on HIVE Digital Technologies

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