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HIVE Digital Technologies Ltd. - HIVE STOCK NEWS

Welcome to our dedicated news page for HIVE Digital Technologies Ltd. (Ticker: HIVE), a resource for investors and traders seeking the latest updates and insights on HIVE Digital Technologies Ltd..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect HIVE Digital Technologies Ltd.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of HIVE Digital Technologies Ltd.'s position in the market.

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Rhea-AI Summary
HIVE Blockchain Technologies Ltd. announces its results for the full year ended March 31, 2023. Revenue was $106.3 million with a gross operating margin of $50.4 million. The Company grew its Bitcoin mining ASIC hashrate by 50% and mined 3,258 Bitcoin. Net loss was $236.4 million due to non-cash impairments. HIVE made progress in the HPC business marketplace, generating $230,000 revenue with 500 GPU cards.
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HIVE Digital Technologies Ltd.

Nasdaq:HIVE

HIVE Rankings

HIVE Stock Data

265.03M
100.25M
0.24%
20.45%
6.52%
Data Processing, Hosting, and Related Services
Information
Link
Canada
Vancouver

About HIVE

blockchain protocols like bitcoin, ethereum, and other cryptocurrencies offer a secure way to transact without the need for middlemen. those who understand the potential of these technologies are creating new business platforms and winning first-mover advantages. until now, the complexity of cryptocurrencies has deterred traditional investors from gaining exposure to blockchain’s potential. hive, one of the first crypto companies to list on a major stock exchange, offers direct exposure to the crypto economy and its huge growth opportunities.