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

November 11, 2026, 9:00 AM UTC (3 hours ago) · 1 source · Summarized by CryptoBipto

HIVE Digital Technologies reported $84.9 million in revenue for its fiscal Q2 2027, with its AI GPU hosting business growing 71% compared to the prior period. The company continues to diversify away from pure cryptocurrency mining as mining profitability faces ongoing pressure.

WHY IT MATTERS

Cryptocurrency mining companies use large warehouses full of powerful computers to process transactions on networks like Bitcoin and earn rewards.

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SOURCES

newsbtc.com

BTCCrypto MiningAI ComputingHIVE DigitalBusiness Diversification